Summary
Fox News openly blamed Donald Trump for Monday’s stock market crash, with the Dow dropping 890 points and the S&P 500 falling 2.7%.
The Dow is now 1,500 points below where it was when Trump took office. Analysts cite his chaotic messaging and steep tariffs on key trading partners as driving investor uncertainty.
Trump refused to predict a recession, calling it a “transition,” while his officials gave conflicting reassurances.
Treasury Secretary Scott Bessent warned of a “detox period,” further fueling market fears.
He was placed in office to make super wealthy oligarchs richer and he is succeeding.
Oligarchs make a killing in these conditions. They all came out richer after the 2008 financial collapse and they will again this time.