United States President Donald Trump stated on Wednesday during a Cabinet meeting that he is "not taking credit or discredit for markets," asserting that current stock market conditions are more reflective of the challenges inherited from the prior administration than of his own policies.

"I had the biggest stock market increase, 88%, in my last term. But I don't view the stock market as the end all, it's an indicator," Trump remarked, referencing his previous presidential term. His comments served to contrast past performance with present realities, as he distanced himself from immediate fluctuations in financial markets.

Trump emphasized that his administration had to begin its current term under difficult economic circumstances, citing the condition of the markets as evidence of what he called a "mess" left by the Biden administration. He reaffirmed that while market metrics are useful, they do not alone define the success or failure of an administration.

Trump’s statement positions his economic strategy as one grounded in longer-term structural reforms rather than short-term market performance. It also reflects an ongoing effort to draw a line between his renewed presidency and the policy legacy of his predecessor.

The comments come amid increased scrutiny of stock trends and investor sentiment, as Trump’s administration rolls out new fiscal policies and regulatory changes aimed at stabilizing the economy and restoring broader confidence. By declining both credit and blame, Trump underscored the complexity of market dynamics and reasserted his focus on deeper economic priorities.