Fox’s Neil Cavuto Points Out That ‘Three of the Biggest’ Market Selloffs Happened Under Trump
The Dow Jones Industrial Average dropped 2.6% on Monday, shedding 1,034 points in a downward move that former President Donald Trump blamed on Vice President Kamala Harris.
Trump called it a “KAMALA CRASH!!!”
Harris became the presumptive after President Joe Biden ended his reelection bid last month.
In February, Trump took credit for the booming stock market because, he claimed, investors “think I’m going to be elected.” But on Monday, he sang a different tune by blaming Harris for the crash.
“Of course there is a massive market downturn. Kamala is even worse than Crooked Joe,” he wrote on Truth Social. “Markets will NEVER accept the Radical Left Lunatic that DESTROYED San Francisco and California, as a whole.”
Neil Cavuto noted the discrepancy during Monday’s Your World on Fox News.
“The Donald Trump thing and the market amazes me,” he said. “When they’re up, it’s all because of him, and they’re looking forward to him. When they’re down, it’s all because of the Democrats and how horrific they are. Yet, of our biggest-point falloffs – three of the biggest top 10 occurred during his administration. Now, a lot of those were in the Covid years. get that. But you know, you either own the markets or you don’t. It does confuse me.”
Cavuto concluded, “I keep a very, very close look at all the records here – selloffs and otherwise. Three big ones, the three biggest among them in the history of the markets occurred during the Trump administration. Not all on him, but they did occur under his watch.”
Watch above via Fox News.