Stocks Tumble | Trump Guts World, USA Economy

Just five years ago, former President Donald Trump warned voters that electing Joe Biden would lead to a market crash and economic catastrophe. Now, with Trump back in office, the irony is hard to ignore: the stock market is faltering under his leadership, and the economic predictions he once weaponized are being turned back on him.

Since Trump’s return to the White House, all major stock indexes have taken a significant hit. The S&P 500, Nasdaq, and Dow have all dropped between 5% and 5.5%, while smaller companies tracked by the Russell 2000 Index also saw sharp declines. A major trigger? The administration’s recently unveiled, highly controversial trade tariffs. These policies have shaken investor confidence and revived fears of instability—something Trump once accused his opponents of causing.

While Trump blames “globalists” for the downturn, analysts and market watchers are pointing squarely at his policies and rhetoric. His refusal to adapt—saying “MY POLICIES WILL NEVER CHANGE”—hasn’t reassured Wall Street, but instead stoked more uncertainty.

During Biden’s term, Trump argued that the market’s rise was merely in anticipation of his own return. But now that he’s back and the market is slumping, that argument is collapsing under its own weight.

Perhaps most telling is the contrast between Trump’s promises of a second-term economic “boom” and his own recent admission: “You can’t really watch the stock market.”

The Wall Street Journal reported:

The Magnificent 7 stocks, which include Nvidia, Apple and Amazon, collectively lost $1.55 trillion in market cap this week, a record. Apple alone saw $443.5 billion in market value evaporate.

How did Trump get this idea that tariffs are great for the economy when many true Wall Street experts say the opposite? Rachael Maddow’s reporting of shows that Trump’s adviser, Peter Navarro, actually is the ‘expert’ “Ron Vara”, that he points to for reasoning the use of tariffs. Ron Vara is not real – it’s his last name Navarro. Yet, no leadership has been able to correct the president in what can be assumed to retaliation.

If Trump once claimed the stock market was the ultimate measure of presidential success, what does its current decline say about his leadership now?