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Kamala Crash! Stocks Tumble Amid Global Sell-off, Trump Says Markets Will 'Never Accept a Radical' Like Harris

By Eric Bolling Staff

NEW YORK, NEW YORK - AUGUST 02: Stock market numbers are displayed on a screen at the New York Stock Exchange during afternoon trading on August 02, 2024 in New York City. Stocks closed low after the July jobs report showed a slow down in the labor market, with the Dow Jones closing with a loss of over 600 points after being nearly down 1000 points and Nasdaq closing at a loss of over 400 points. (Photo by Michael M. Santiago/Getty Images)

The stock market just fell out of a coconut tree…

The Dow Jones Industrial Average tumbled 1,000 points, while the Nasdaq Composite and S&P 500 also fell by 5% and 3.7%, respectively. Fears of a U.S. recession were the main culprit for the global meltdown, fueled by July’s underwhelming jobs report.

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Eric Bolling commented on the “Kamala Crash” on X.

“Equities hammered. Bonds destroyed. Bitcoin free-falling. Thanks democRATS. This is a direct result of YOUR policies. We will bounce back… question is: from how low?

Former President Donald Trump commented on TRUTH Social, saying the markets will never accept a radical like Kamala Harris in the Oval Office.

“Of course there is a massive market downturn. Kamala is even worse than Crooked Joe. Markets will NEVER accept the Radical Left Lunatic that DESTROYED San Francisco and California, as a whole. Next move, THE GREAT DEPRESSION OF 2024! You can’t play games with MARKETS. KAMALA CRASH!!!”

“While Friday’s employment report was disappointing, it wasn’t the only worrisome economic indicator, only the latest,” said Greg McBride, Bankrate’s chief financial analyst. “Couple economic concerns with the cacophony of earnings disappointments and weak corporate outlooks, global unrest, and currency gyrations, and you have the recipe for sudden volatility.”

“The July jobs report is being viewed as a recession warning, and the markets are responding accordingly,” said Bill Adams, chief economist at the Dallas-based Comerica Bank.

More over at Fox Business:

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