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.
Even I don’t care what Fox News has to say
But losing the mouthpiece created for conservatism after Nixon, that’s an important weather gauge.
Yeah, they normally have nothing to say I want to hear, but then they stop supporting the primary conservative, that speaks volumes.
Yeah but as their market shrinks they are less important. Trump might watch Fox but he is 80 years old.