Warren Buffett Money Quote saying President Trump is taking credit for the improvement of the U.S. economy since his election, but will certainly distance himself from blame if the market drops. Warren Buffett said:
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Warren Buffett is saying that if he were president, he would not take credit for rises in the stock market, because he does not want to be blamed for any declines in the market either. Buffett is acknowledging that the president does not have direct control over the market, and it can rise or fall for many complex reasons outside a president’s control.