The inventory market took a success Monday, with the Dow Jones Index closing 612 factors decrease on the heels of an sudden soar within the unemployment fee and rising concern of a recession. The unlucky information was met with glee from the GOP. The gloating began on the prime of the Republican ticket, with Donald Trump trying to pin the blame for the drop on Vice President Kamala Harris, proclaiming a “KAMALA CRASH” on his struggling social media web site.
Conservative media and pundits predictably jumped on the fearmongering bandwagon to foretell that Monday’s inventory market numbers are a harbinger of recessions to return. However one Fox Information persona bucked the development.
“The Donald Trump thing in the market amazes me,” Fox Information’ Neil Cavuto mentioned on his present, Monday. “When they’re up, it’s all because of him, and looking forward to him. When they’re down, it’s all because [of] the Democrats, and how horrific they are. Some of our biggest point falloffs, three of the biggest of the top 10, occurred during his administration.”
Whereas Cavuto has been a goal of the MAGA trustworthy, that didn’t cease him from calling out the complicated and contradictory messaging from the proper.
“You either own the markets or you don’t,” Cavuto mentioned. “It does confuse me.”
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