Sean Hannity Rips Stock Market For Dropping On Trump’s Watch | EUROtoday
Sean Hannity went after the U.S. inventory market on Thursday for not falling in step with Donald Trump’s prepare of thought after the president’s all-out commerce struggle led to wooziness on Wall Street this week.
“And, you know, the fact that the markets don’t understand that Donald Trump is in the middle of a negotiation here is kind of hard to comprehend,” Hannity mentioned on his radio present.
He continued, “They have no curiosity about what the thinking of Donald Trump is in this. The thinking is to get them to the table and to either choose free or fair trade or reciprocal tariffs. And that’s what it is.”
The conservative host’s feedback, highlighted by Media Matters for America, arrived two days after he informed listeners that the market “is always skittish,” including that it’s not his “biggest indicator of the state of the economy.” He downplayed the plunges and dips to shares in current days.
“This is the economy that Donald Trump inherited that every American is still living under. He’s not — it takes more than a day to get his economic policies in place,” mentioned Hannity, who claimed that Americans live “under the Biden-Harris economy” on his radio present Tuesday.
On Thursday, the S&P 500 dropped over 10%, simply three weeks after reaching document highs final month.
The fall comes amid financial uncertainty sparked by Trump’s on-again, off-again tariffs together with a federal agency-slashing blitz backed by billionaire Elon Musk.
As recession fears loom, right-wing media retailers and conservative speaking heads have largely ignored the market plunges, treaded flippantly on criticizing Trump’s tariffs, made a optimistic spin of the dips and declared that the president is aware of “what’s best” for America.
On Tuesday, Trump — whereas standing subsequent to the world’s wealthiest man — disregarded the chance that the U.S. might face a recession.
“I don’t see it at all. I think this country’s going to boom,” mentioned the president, who has beforehand talked of a “period of transition” when requested about whether or not he expects a recession.
“But as I said, I can do it the easy way or the hard way. The hard way to do it is exactly what I’m doing, but the results are going to be 20 times greater.”
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https://www.huffpost.com/entry/sean-hannity-donald-trump-stock-market-plunging_n_67d36e2be4b00eb3dcd20131