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Trump bemoans the "old days" after stock market losses

The stock market continued to fall at market open Wednesday morning, marking the fourth straight day of losses. Trump's response:

Why it matters: As Axios' Mike Allen reported yesterday, Trump made what many White House veterans considered the rookie mistake of repeatedly boasting about the peppy stock market, making the current losses a tricky spot for messaging. Meanwhile, Treasury Secretary Steve Mnuchin said yesterday, "The markets look like they're functioning normally."