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.

  • rayyy@lemmy.world
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    24 hours ago

    Those MAGA-folk are going to be super mad when they lose their jobs and homes due to their dear leader’s fuck-ups. The blame game won’t work now that immigrants are leaving either. MAGAs are pretty dumb, but even they will begin to figure out who is causing their woes.