‘That’s F*cking Bullsh*t!’ Dave Portnoy Rips Fox’s Will Cain and Outkick’s Clay Travis for Downplaying Wall Street Chaos

Screenshot

Barstool Sports founder Dave Portnoy took exception to Fox host Will Cain and OutKick’s Clay Travis telling the American public not to worry about the market’s reaction to President Donald Trump’s tariffs.

Last week, Trump announced sweeping tariffs with virtually all of the United States’ trade partners. The stock market did not responded well to the news, with consecutive days of losses resulting in trillions of dollars done. The sharp declines were some of the worst since the Covid-19 pandemic.

Days after Trump’s big presentation, Portnoy revealed in a live stream that he was down $7 million as a result of market losses. In another live stream broadcast Monday, Portnoy called out Cain and Travis for suggesting the market indicators were nothing to worry about.

“I’ve seen a little bit of — like, this was last week — like, Clay Travis, Will Cain,” Portnoy said. “They’re like, ‘Just don’t look at your 401(k). Since when do people care about the stock market?’ That’s bullshit. That’s fucking bullshit! Let’s be honest. And I prefer Trump — and he says it sometimes — he’s been like, ‘I don’t want things to go down.’ I would rather people on the right who support Trump, no matter what he does, what he says — like, when you say stuff like that, to me, it’s like, well, Trump could fucking cut someone’s head off [and] you’ll be like, ‘Well, you know, did he really?’

“Let’s call a spade a spade. Everybody has the right to panic — ‘panicking party’ — and be worried about the stock market, their 401(k), their portfolio. Don’t suddenly be like, ‘Oh, don’t look at your portfolio. Don’t worry about it.’ Bullshit. Everybody looks at their portfolio. Everyone looks at their stock market. Everybody looks at how much money is in the bank.”

—

New: The Mediaite One-Sheet "Newsletter of Newsletters"
Your daily summary and analysis of what the many, many media newsletters are saying and reporting. Subscribe now!