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You are at:Home»Markets»Trump Claims Stock Market Will Crash While Dow Jones Soars
Markets

Trump Claims Stock Market Will Crash While Dow Jones Soars

August 16, 20242 Mins Read
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Donald Trump’s vision of an American economy “nightmare” was spoiled by a well-timed Fox News ticker on Thursday.

But as he warned that the country was on the brink of a crash as big as 1929, a graphic on Fox News quickly compromised his claim.

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While the conservative news network aired the former president’s long-winded speech, soaring Dow Jones numbers appeared at the bottom right corner of the screen, showing the market had gained 554.67 points and ticked up 1.4% that day.

Trump’s dubious stock market warning was far the only outlandish moment during his press conference.

Making a mathematically implausible claim, he said that “substantially more than” 100% of net job growth in the last year had “gone to migrants.”

He also ranted about one of his most overplayed adversaries ― windmills ― and said that Harris has “a very strong communist lean.”

A huge haul of grocery staples and a little blue doll house served as props on both sides of his podium, but during the 80-minute-plus speech, the candidate swerved past his points about food inflation in favor of more contentious topics like immigration, the 2020 election and personal attacks on Harris.



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