Republican presidential nominee Donald Trump says heâs never been a big investor, but when it comes to putting his money in U.S. stocks he told the FOX Business Networkâs Stuart Varney, âI donât like a lot of things that I see.â
âI did invest and I got out and it was actually very good timing,â he said.
Trump expanded on why heâs skeptical of investing in the markets.
âI donât like a lot of the signs that Iâm seeing. I donât like whatâs happening with immigration policies. I donât like the fact that we are moving tremendous numbers of people from Syria --are coming into this country and we donât even know it... Interest rates are artificially low. If interest rates ever seek a natural level, which obviously they would be much higher than they are right now -- you have some very scary scenarios out there,â he said.
He added: âThe only reason the stock market is where it is, is because you get free money.â
When asked about how a Trump presidency would affect the stock market, the real estate tycoon said âitâs going to go great.â
âWe are going to spur a lot of things. I built tremendous wealth for myselfâ¦ But I built tremendous companies with some of the greatest assets in the worldâ¦ I have very, very low debt. You know, Iâve had it both ways. I love debt, Iâve always loved leverage and debt, but as you get older you donât like it as much,â he said.