‘Kamala Crash’: Trump Blames Harris For Stock Market Downturn

📆 05/08/2024 21:33:00
📰 Forbes

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Stock Market,Kamala Harris

Sara Dorn is a Forbes news reporter who covers politics, with a focus on elections and Capitol Hill. She joined Forbes in 2022 and is based in New York.

Former President Donald Trump linked the global stock market decline to Vice President Kamala Harris’ candidacy in a series of Truth Social posts, branding the selloff as the “Kamala Crash,” continuing his pattern of taking credit for positive shifts in the market and blaming the Biden-Harris administration for signs of economic downturns.

Trump called Monday’s global market downturn—sparked by a worse-than-expected July jobs report that fueled recession fears—the “Kamala Crash” in several Truth Social posts Monday, seemingly attributing her candidacy and the Biden-Harris administration to the decline.Trump often takes credit for positive inflections in the stock market, even years after he left office, and blames his political opponents for negative trends.

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