Story highlights Maher thought Trump "would crash the stock market"

Comedian says racism is part of Trump's appeal

(CNN) Bill Maher says he got it wrong.

The comedian predicted the stock market would crash if Donald Trump won the presidency but Wall Street has recently reached new record highs.

"I was wrong that the stock market hates volatility and uncertainty, and who is more volatile than Donald Trump? But I guess I underestimated their greed, because they still want their tax cut," he said.

Maher told CNN's Fareed Zakaria he hoped the market would still crash, "because that's one thing that would maybe lose him a lot of support in the Republican Party."

He said he isn't surprised at Trump's high support amongst GOP voters, describing it as an "almost protest vote."

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