https://thehill.com/business/4813153-fox-news-cavuto-trump-stock-market-wall-street/Fox News anchor Neil Cavuto challenged former President Trump’s record and comments on the stock market Monday after the former president blamed President Biden and Vice President Harris for this week’s slide.
Trump said that the Wall Street drop, triggered by instability in the Japanese economy alongside concerns over a cooling U.S. jobs market, was actually the fault of the White House. Earlier this year, when stocks were soaring, the former president had said it was because of anticipation over him returning to the White House.
“The Donald Trump thing in the market amazes me,” Cavuto said. “When they’re up, it’s all because of him and looking forward to him. When they’re down, it’s all because the Democrats and how horrific they are.”
“Yet some of our biggest point drops, three of the biggest of the top 10, occurred during his administration,” he continued. “Now, a lot of those were in the COVID years, I get that, but, you know, you either own the markets or you don’t. It does confuse me.”