With President Donald Trump drawing unparalleled criticisms in recent days, one of the nation’s most fickle barometers is showing signs of duress.
Trump’s firing of FBI Director James Comey has been twisted into an unfathomable conspiracy theory, drawn up by the democrats, that the President’s alleged connections to the Russian government assisted the real estate mogul in winning the White House. How exactly the Russians would have influenced the election is yet to be determined, however, the leftist agitators on the fringes of our federal government are just certain that this is the case.
According to the hare-brained theory, Comey was leading an FBI investigation into the purported confluence when Donald Trump caught wind of it, thusly firing Comey before any dirt could be discovered. Of course, on its face, this entire scenario is absurd, yet the left refuses to stand down. This turmoil on the beltway has had effects all the way north to Wall Street, where stocks took a massive tumble today.
“The Dow Jones Industrial Average fell nearly 373 points, or 1.78 percent. The S&P 500 fell 43.6 points, a decline of 1.82 percent. The Nasdaq Composite index fell 2.57 percent.” It was the worst day for U.S. stocks since September of 2016. The financial sector led the way down, suffering its worst day since last June. Big banks were some of the worst performing stocks of the day.
“Stocks have rallied this year on hopes of tax cuts and regulatory reform. Many investors now worry that the Trump administration’s latest political troubles could delay or prevent the implementation of its agenda. Wednesday’s declines reversed all the gains the market had made in May.”
Before today’s catastrophic crash, the nation’s economy was chugging along vigorously as Donald Trump’s business acumen invigorated both corporate and consumer confidence in the United States. Massive corporations such as Ford and IBM have been reinvesting in the American workforce in recent months, based solely on what many have dubbed “The Trump Effect”.
Now, one small chink in the armor of the administration, wholly fabricated by the New Fascist witch hunters of the democratic party, threatens to destabilize the entire kingdom thanks to mainstream media’s terrible impersonation of the town cryer.
Although today’s sharp adjustment to the stock market was quite startling, midweek jolts are nothing new for the economy. By the time the left has moved onto to some other white whale in which to sink a harpoon, there’s a good chance that President Trump will once again restore financial confidence in our great nation.