Trump supporters are claiming that he wants to crash the U.S. stock market as part of a strategic move.

 Some MAGA supporters are circulating an unverified theory regarding the cost of the U.S. national debt.

A trader on the floor of the New York Stock Exchange works just before the closing bell as the market experiences a sharp decline in New York, U.S., on February 25, 2020. [Lucas Jackson/Reuters]

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The U.S. stock market has experienced volatility since Donald Trump's election in November. Initially reaching record highs following his victory, the market has since lost trillions of dollars due to his unpredictable policy shifts on tariffs and rising concerns about a potential recession.

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While Trump has dismissed the market turbulence as a temporary "period of transition" leading to a stronger economy, both supporters and critics have speculated—without evidence—that he may be deliberately attempting to crash the stock market.

What’s Happening with the U.S. Stock Market?

Trump’s shifting economic policies have fueled uncertainty—something investors notoriously dislike.

The S&P 500, which tracks 500 of the largest U.S. companies, has lost nearly $5 trillion in value since its peak on February 19.

On March 10, the tech-focused Nasdaq dropped 4 percent, marking its worst single-day decline since September 2022.

Whether Trump is executing a long-term strategy as he claims or not, the past month has been marked by significant uncertainty across multiple fronts, according to Tara Sinclair, director of the George Washington University Center for Economic Research, in a statement to Al Jazeera.......

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