Trump has often taken credit for the stock market's climb. Will he own the drops too?.

President Trump often takes credit for a rising stock market, but will he shoulder the blame when it takes a dive? 

The Dow Jones industrial average hit its first real rough patch during the past two trading sessions on what had been a smooth and steep climb through the first year of Trump's administration. Monday the Dow shed 1,175 points, its largest point drop in history, wiping all of 2018's gains.

The president has not hesitated to imply his policies are driving the bull market and the growing economy. In his State of the Union address last week, Trump touted Wall Street's success early in his speech. 

"The stock market has smashed one record after another, gaining $8 trillion in value," the president proudly stated. "That is great news for Americans’ 401k, retirement, pension, and college savings accounts."

The economic data has been impressive. Since Trump was elected on Nov. 8, 2016, to its peak on Jan. 26, 2018, the Dow Jones industrial average gained a remarkable 45%. 

But traditionally, presidents have avoided patting themselves on the back for Wall Street's highs, because they don't wish to be anchored down by its lows. 

As Axel Merk, president of Merk Investments, said, “Let Trump take credit, but he’ll also own it should the market ever tank.”

Here's a sampling of times Trump took credit for the market's rise and the economy's success. 

Feb. 5, 2018:

The Dow's plunge didn't stop Trump from lauding the economy Monday, although the tweet he sent did not mention the stock market.