Trump Warns of ‘Great Depression of 2024’ After ‘Kamala Crash’
Former President Donald Trump ripped Vice President Kamala Harris for the sharp drop in stock market indexes in the United States on Monday, declaring that the markets will not “accept” Harris and calling her a “Radical Left Lunatic.”
Trump took to Truth Social to blast Harris for the “Kamala Crash” in a series of posts. . .
Major stock indexes like the Dow Jones Industrial Average, S&P 500, and the Nasdaq Composite took sharp hits Monday morning, Breitbart News’s economics editor John Carney reported:
The decline highlights the level of worry among investors since economic data released last week showed unemployment rising and job growth slowing more than expected. Surveys of manufacturers also indicated a steep fall off in activity in the sector, which is often a bellwether for the economy.
The economy added just 114,000 jobs in July, according to the Department of Labor, significantly below the 180,000 forecast. Seperate surveys of business executives known as purchasing managers by the Institute for Supply Management and S&P Global both showed that factory activity had contracted in the month.
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