Trump: People will 'lose a lot of money' if Republicans don't win in midterms

President TrumpDonald John TrumpUS reimposes UN sanctions on Iran amid increasing tensions Jeff Flake: Republicans 'should hold the same position' on SCOTUS vacancy as 2016 Trump supporters chant 'Fill that seat' at North Carolina rally MORE warned voters Wednesday that if Republicans lost the midterm elections, "you’re all going to lose a lot of money.”

Trump, speaking at an event at the White House, touted the success of the economy that is "the hottest right now in the world " but said that success could be reversed if Democrats win in the midterm elections next week.

“They’re waiting for the results of the midterm,” he explained.


“And if the midterms for some reason don’t do so well for Republicans, I think you’re all going to lose a lot of money.”

The U.S. economy appears to be heading in the right direction as 2018 ends, with near-record low unemployment levels and strong quarterly growth rates.

But declining global growth, lagging business investment and international trade wars have made a potential slowdown a growing concern among economists.

The president finished his comments by saying that a win for Republicans could improve the economic situation further. 

“If it comes out good I think the market’s going to continue to go through a period like we’ve never seen before,” he said.