New York (CNN Business) President Trump, it seems, does not want his stock market rally to be smaller than President Obama's.

Amid a weekend of G7 diplomacy and presidential falsehoods , you may have missed the president's latest stock market victory lap. Before he left France the president proclaimed via Twitter : "My Stock Market gains must be judged from the day after the Election, November 9, 2016, where the Market went up big after the win, and because of the win. Had my opponent won, CRASH!"

My Stock Market gains must be judged from the day after the Election, November 9, 2016, where the Market went up big after the win, and because of the win. Had my opponent won, CRASH! — Donald J. Trump (@realDonaldTrump) August 25, 2019

First, there is no way to know if the stock market would have crashed if Hillary Clinton won. A crash is technically a 20% drop.

Second, traditional leaders take pains to avoid taking credit for stock market rallies, so they don't have to take the blame for the declines, too. This president has obliterated that presidential protocol.

Prior administrations have worried that cheerleading Wall Street is tone-deaf since it hardly represents the fortunes of Main Street. Just about half of American households own stocks.

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