Trump links $3 trillion stock market loss to midterm election results
As seen on the 24/7 Wall St. homepage on November 8, 2026.
The president is now publicly tying $3 trillion of lost market value to the midterm outcome, which puts policy risk back at the center of the selloff narrative.
BREAKING: President Trump says the US took a “giant step back in history” after the Midterm election results and comments on the $3 trillion loss in the stock market on November 5th. https://t.co/lHuCERlTki
- Replies66
- Reposts66
- Likes632
Continue ReadingShow less
Political accountability is now at the center of the selloff: President Trump called the midterm outcome a giant step back in history and tied it directly to the $3 trillion stock market loss recorded on November 5th.
By drawing an explicit line between the election results and a $3 trillion drop in market value, the president has injected policy risk back into the conversation around the selloff. Investors who had begun to look past November 5th now have a signal from the White House itself that the political fallout is not over.
Sponsored
The post from The Kobeissi Letter, shared on November 8th, spread quickly among market-focused audiences. When a sitting president attaches a dollar figure to a single day's market move, the statement shapes near-term sentiment around policy direction and legislative priorities.
Whether the administration follows the remarks with a concrete policy response matters, since the president's framing treats the market decline as a consequence of the election. That distinction drives how investors price political risk heading into the next legislative cycle.