Fact check: Buttigieg says stock market set records under Biden but not Trump [Video]

The stock market has been on a roll, and politicians are vying to take credit for it.

In December and January, the S&P 500, a broad market gauge, and the Dow Jones Industrial Average both closed at all-time highs for the first time in about two years.

Even though former President Donald Trump has been out of office for more than three years, he claimed credit in a Jan. 29, all-caps post on his social media platform, Truth Social, saying that his polling advantage over Biden is driving the stock market to new heights because investors are projecting he will win.

On ABC’s “This Week,” Transportation Secretary Pete Buttigieg countered that President Joe Biden, not Trump, deserves credit for the stock market rise.

“You know, most of us don’t think that the stock market is an indicator of the economy, but if you do, because I know the former president does, …