On Monday (Aug 5th) the Dow Jones dropped over a 1,000 points (this is following about a 600 point drop on Friday Aug 3), the S&P 500 and Nasdaq lost around 3 percent of their value in the worst day for the US Stock Market since January 2022. Economists are pretty much split down the middle of if Monday’s horrific losses are the beginning of a longer term trend leading to a recession, but in any case the Market right now cannot be trusted and several other nations markets have also plummeted and had wild volatility in the last 2 weeks or so.
A few of the many factors likely affecting global and US markets include; the threat of Iran to respond with an attack on Israel for retaliation of taking out Gaza terrorist leaders, the extreme over-spending of the Democrat ran US government, FED rate cuts to try to stall the VERY hefty US inflation and the threat that the incompetent and clueless, Kamala Harris is 1 of the top 2 candidates for President of the U.S. Most expert economists warn that Kamala would be horrid for the economy and with the fact that she would likely be a continuance to the business-crippling Biden policies, it should be clear the current VP would be more of the same and a huge burden on the economy.
The market could very-well just be correcting itself but with the recent hideous job report and raise in unemployment, it is clear that the corrupt and horrid Biden-Harris policies could be finally showing their horrid impact and who knows how long that will continue under the most incompetent Presidential administration to ever take the White House. #KamalaCrash was trending on X earlier today and the top trending hashtag, let’s keep it going!!!
While the Biden-Harris stock market tanking was happening, 47th Presidential Candidate, Donald Trump got some great exposure as he did a podcast interview with famous Gen-Z social media star & podcaster, Adin Ross. It was a very unique and fun interview that got Trump exposure with a young audience. View the fun and creative interview at Trump’s Mar-a-Lago resort here! The podcast had nearly 600,000 viewers on X (it is reported that there were over 2.5 million live viewers overall on multiple platforms) setting all-time records!
From Trump War Room @TrumpWarRoom: pic.twitter.com/QZhUCs0rpN
— Donald J. Trump Posts From His Truth Social (@TrumpDailyPosts) August 5, 2024
This is the only 13 seconds Trump needs to play on repeat for the next 92 days to win the election. pic.twitter.com/lndQJTa3GH
— Joey Mannarino (@JoeyMannarinoUS) August 5, 2024