(CNN) President Donald Trump has a problem with the stock market.

The former real estate mogul-turned-president has repeatedly cited the upward swing in stocks as evidence of his successful economic stewardship -- but now, just as he faces his first reckoning with voters, the market's begun to wobble, erasing a chunk of the gains Trump has bragged about.

In a tweet shortly before markets opened in New York on Tuesday, Trump acknowledged the recent volatility, claiming investors are "taking a little pause" as they await the final outcome of the midterm elections.

"The Stock Market is up massively since the Election, but is now taking a little pause -- people want to see what happens with the Midterms," said Trump in the tweet. "If you want your Stocks to go down, I strongly suggest voting Democrat. They like the Venezuela financial model, High Taxes & Open Borders!"

He later tweeted about new consumer confidence figures released Tuesday, showing optimism at an 18-year high.

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