Its his business model.
But he does have a point - what he says makes sense in a normal economy.
We are not in a normal economy. We are in an economy wherein much of our traditional manufacturing capacity has been deliberately and willfully shipped off shore to China by people short selling the American economy.
For them to do well, America has to do bad
It’s just as simple as that.
People are getting rich as Midas off of America’s decline while most other Americans get poorer and see their futures whither away. America is the Golden Goose they are milking and eventually are going to kill.
President Trump is reversing the hollowing out of the American manufacturing base. The short sellers who have put their money on the continue if this decline are furious that Trump is messing with their business model and they are trying to do him in.
Truth is, President Trump can generate an easy 3-4 % per annum economic growth well into his mythical third term just by steadily bringing back a fraction of the manufacturing that has been driven off shore.
How this unique economic growth opportunity is going to help the stock market is left to more qualified people than I, but it does provide historic levels of headroom for long term stock market growth if President Trump is able to execute his vision for American renewal