Trump Says Voters Have Themselves to Blame for Stock Market Sell-Off
President Trump said voters had themselves to blame for a historic stock market sell-off, two days after Republicans lost the midterm elections, Axios reported.
Axios reported that President Trump said Thursday night that voters "had themselves to blame" for the stock market's historic sell-off. The outlet's account, written by Ben Berkowitz, places the remarks in the aftermath of a day of heavy losses for stocks.
Axios reported that the president's comments came two days after Republicans lost the midterm elections in what the outlet described as historic fashion. In the account, Axios wrote that Trump was lashing out at the voters who rejected his candidates and his message.
Axios also reported that stocks plunged on Thursday, with the tech-heavy Nasdaq sinking more than 5 percent. The outlet's account refers to AI-linked stocks in connection with the decline, but the material available for this story ends before the full sentence, so it does not identify those stocks or describe their losses.
The available Axios material does not describe any response from markets or government officials beyond the president's remarks, and it offers no further details about the midterm results. Axios is the only source used for this story, so the figures and characterizations here come from that outlet alone. The Federal Chronicle has not independently confirmed the remarks, the market figures, or the election results described in the report, and readers should consult additional reporting as it becomes available.
Sources: Axios: Trump says voters should blame themselves for stock market rout.