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.

  • CharlesDarwin@lemmy.world
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    11 hours ago

    Well, shit just got real and State Media is about keeping an eye on THEIR money, too. If they are not cut in on the market manipulation/intentional cratering and subsequent buying out things for pennies on the dollar, that is.