Sinking Donald Trump is taking the stock market down with him

Dear Palmer Report readers: it's Bill Palmer. I'm as sick of Trump as you are. I'm expanding Palmer Report's operations so we can lead the fight against Trump. Click here to donate $25 or $50.

The Dow Jones Industrial Average is down 1600 points over the past two weeks. There are a lot of possible explanations. But it could mean Wall Street has figured out that installing a vindictive senile psychopath who wants to burn it all down as President is going to be bad for business after all.

Sure, CEOs are going to get to be as corrupt as they want, which is generally good for profits in the short term. But how are businesses even supposed to function when the “President” of the United States is saddling them with tariff wars and tanking the economy in general?

Republican politicians are supposed to be there to make rich people richer. It’s why conservatism exists. But Trump doesn’t fit that mold. He’s a bitter lifelong loser who gets more bitter even when he wins, and wants to use his power to make everyone as miserable as he is. No one prospers under such circumstances โ€“ not even the types who usually prosper. No wonder the stock market is down.

Dear Palmer Report readers: it's Bill Palmer. I'm as sick of Trump as you are. I'm expanding Palmer Report's operations so we can lead the fight against Trump. Click here to donate $25 or $50.