Everyone said, well, 50,000 will take place in five or six years. There's no way you can do it during his term. I did it in the first year. Then they said, You'll never reach 7,000 on the S&P standard and Poor's, you'll never reach 7. We did it in the first year. We were going like a rocket ship. The market was good, everything was good. And then I said, we're going to have to do something about Iran because they're going to have a nuclear weapon very soon. (42:54–43:03)
CLAIM
Asserts that the S&P 500 index reached 7,000 during his first year in office.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
