Trump Claims Stock Market Will Crash While Dow Jones Soars

Donald Trump s vision of an American economy nightmare was spoiled by a well-timed Fox News ticker on Thursday.

During a press conference at his New Jersey golf course on Thursday , the Republican candidate for president predicted that the stock market would spiral if Vice President Kamala Harris is elected to office this November.

But as he warned that the country was on the brink of a crash as big as 1929, a graphic on Fox News quickly compromised his claim.

While the conservative news network aired the former presidents long-winded speech, soaring Dow Jones numbers appeared at the bottom right corner of the screen, showing the market had gained 554.67 points and ticked up 1.4% that day.

The chyron juxtaposed with the stock ticker in the corner is *chef's kiss* pic.twitter.com/YXeBo4Uh3T

Aaron Rupar (@atrupar) August 15, 2024","type":"rich","meta":{"author":"Aaron Rupar","author_url":"https://twitter.com/atrupar","cache_age":86400,"description":"The chyron juxtaposed with the stock ticker in the corner is *chef's kiss* pic.twitter.com/YXeBo4Uh3T Aaron Rupar (@atrupar) August 15, 2024\n\n\n","options":{"_hide_media":{"label":"Hide photos, videos, and cards","value":false},"_hide_thread":{"label":"Hide previous Tweet in conversation thread","value":true},"_maxwidth":{"label":"Adjust width","placeholder":"220-550, in px","value":""},"_theme":{"value":"","values":{"dark":"Use dark theme"}}},"provider_name":"Twitter","title":"Aaron Rupar on Twitter / X","type":"rich","url":"https://twitter.com/atrupar/status/1824185921513951274","version":"1.0"},"flags":[],"enhancements":{},"fullBleed":false,"options":{"theme":"news","device":"mobile","editionInfo":{"id":"us","name":"U.S.","link":"https://action.news","locale":"en_US"},"originalEdition":"us","isMapi":false,"isAmp":false,"isVideoEntry":false,"isEntry":true,"isMt":false,"entryId":"66be784de4b04090eac48d55","entryPermalink":"https://action.news/entry/trump-predicts-stock-market-crash-dow-jones-surges_n_66be784de4b04090eac48d55","entryTagsList":"donald-trump,2024-election,economy,stock-market,dow-jones,@us_huffpost_now","sectionSlug":"politics","deptSlug":"politics-news","sectionRedirectUrl":null,"subcategories":"","isWide":false,"headerOverride":null,"noVideoAds":false,"disableFloat":false,"isNative":false,"commercialVideo":{"provider":"custom","site_and_category":"us.politics","package":null},"isHighline":false,"vidibleConfigValues":{"cid":"60afc111dcf87c2cd2f5d8bf","overrides":{"front_page_top_videos":{"desktop":"60b64354b171b7444beaff4d","mobileweb":"60b64354b171b7444beaff4d"},"top_media":{"desktop":"60b8e6bdc5449357a7ada147","mobile":"60b8e701c5449357a7ada2ee","iphone":"60b8e643cdd90620331bb1f6","ipad":"60b8e643cdd90620331bb1f6","androidphone":"60b8e699c5449357a7ada04c","androidtablet":"60b8e699c5449357a7ada04c"},"anthology":{"desktop":"60b8e616cdd90620331bb0ba","mobile":"60b8e671c5449357a7ad9f66","iphone":"60b8e643cdd90620331bb1f6","ipad":"60b8e643cdd90620331bb1f6","androidphone":"60b8e699c5449357a7ada04c","androidtablet":"60b8e699c5449357a7ada04c"},"content":{"desktop":"60b8e616cdd90620331bb0ba","mobile":"60b8e671c5449357a7ad9f66","iphone":"60b8e643cdd90620331bb1f6","ipad":"60b8e643cdd90620331bb1f6","androidphone":"60b8e699c5449357a7ada04c","androidtablet":"60b8e699c5449357a7ada04c"}},"playerUpdates":{"5668ae6ee4b0b5e26955d6a6":"60d2472d9340d7032ad7e443","56aa41bae4b091744c0440d8":"60e869dc7c5f3b17b6741b81","5841b2b5cc52c716ec6e5a7f":"60b8e355cdd90620331ba185","58b5e2b8d85a10302feee895":"60b64316b171b7444beafdb2","58b74698f78ced31417819ae":"60b8e5bec5449357a7ad9b52","58b74ccecebcea57e2c3a3d1":"60b8e5eac5449357a7ad9ca5","58cff690d85a100b9992bc39":"60b8e616cdd90620331bb0ba","58cffb3fb6d9b972a49a3c9d":"60b8e643cdd90620331bb1f6","58cffdd74d96935d7d6ec180":"60b8e671c5449357a7ad9f66","58d03a84f78ced6518eb2fa7":"60b643c82e76be41f112735c","592edf20e0fa177b0c26f7fd":"60b8e699c5449357a7ada04c","5b35266b158f855373e28256":"60b64354b171b7444beaff4d","5c116f29f79c4171d82b7c2a":"60b64440b171b7444beb040b","5c1170fc600c9a697bf0c6b9":"60b646102e76be41f1127ffc","5c47791afa1b317df8ae0c4f":"60b8e6bdc5449357a7ada147","5c477987a6b48b35f164773d":"60b8e701c5449357a7ada2ee","5c4779ee943c3c2a64f28371":"60b8e747cdd90620331bb861","5c477a26fcd67b26879bc7c2":"60b8e788c5449357a7ada67b","5d8921a78c3ae845f366c9b6":"60ae7be5f3a7c13a30417ff9","58b98b00ba82aa39a6534321":"60d0de7c9340d7032ad1146c","58b9d14cb6d9b96c9ec32af3":"60d0dec19340d7032ad115a0","58cff8eccebcea42931e0436":"60d0e005b627221e9d819d44","592edf5de0fa177b0c26f95b":"60d0e38fb627221e9d81adcf","58cff72fd85a100b9992c112":"60d0e447b627221e9d81b0da","56b4d34fe4b022697697c400":"60d2472d9340d7032ad7e443","60b8e4c0c5449357a7ad957d":"60e869dc7c5f3b17b6741b81"}},"connatixConfigValues":{"defaultPlayer":"ff7fdddc-5441-4253-abc4-f12a33fad58b","clickToPlayPlayer":"d014396e-b366-4c17-aeac-3ce906fa3fd0","videoPagePlayer":"f010447b-d244-4111-a314-7b4542ae4145","verticalPlayer":"e58cb05a-0bc8-4210-9108-fea82726c065","stickyPlayerControl":"52ea1755-d601-4ad1-bccc-d8cce3f0e5da","stickyPlayerON":"8055e9e5-3bda-4933-8d45-9ad814fb6e22"},"topConnatixThumnbailSrc":"https://img.connatix.com/e1aac663-b91a-4c5d-acd5-5397820bddc1/1_th.jpg?crop=480:270,smart&width=480&height=270&format=jpeg&quality=60&fit=crop","customAmpComponents":[],"ampAssetsUrl":"https://amp.assets.huffpost.com","videoTraits":null,"positionInUnitCounts":{"buzz_head":{"count":0},"buzz_body":{"count":0},"buzz_bottom":{"count":0}},"positionInSubUnitCounts":{"article_body":{"count":4},"blog_summary":{"count":0},"before_you_go_content":{"count":0}},"connatixCountsHelper":{"count":1},"buzzfeedTracking":{"context_page_id":"66be784de4b04090eac48d55","context_page_type":"buzz","destination":"huffpost","mode":"mobile","page_edition":"en-us"},"tags":[{"name":"Donald Trump","slug":"donald-trump","links":{"relativeLink":"topic/donald-trump","permalink":"https://action.news/topic/donald-trump","mobileWebLink":"https://action.news/topic/donald-trump"},"department":{"name":"Latest News","slug":"politics-news"},"section":{"title":"Politics","slug":"politics"},"topic":{"title":"Donald Trump","slug":"donald-trump","overridesSectionLabel":false},"url":"https://action.news/news/topic/donald-trump"},{"name":"2024 election","slug":"2024-election","links":{"relativeLink":"topic/2024-election","permalink":"https://action.news/topic/2024-election","mobileWebLink":"https://action.news/topic/2024-election"},"department":{"name":"Latest News","slug":"politics-news"},"section":{"title":"Politics","slug":"politics"},"topic":{"title":"2024 Elections","slug":"2024-elections","overridesSectionLabel":false},"url":"https://action.news/news/topic/2024-elections"},{"name":"Economy","slug":"economy","links":{"relativeLink":"topic/economy","permalink":"https://action.news/topic/economy","mobileWebLink":"https://action.news/topic/economy"},"relegenceSubjectId":979329,"department":{"name":"Impact","slug":"impact"},"section":{"title":"Business","slug":"business"},"topic":{"title":"Economy","slug":"economy","overridesSectionLabel":false},"url":"https://action.news/impact/topic/economy"},{"name":"stock market","slug":"stock-market","links":{"relativeLink":"topic/stock-market","permalink":"https://action.news/topic/stock-market","mobileWebLink":"https://action.news/topic/stock-market"},"url":"https://action.news/topic/stock-market"},{"name":"dow jones","slug":"dow-jones","links":{"relativeLink":"topic/dow-jones","permalink":"https://action.news/topic/dow-jones","mobileWebLink":"https://action.news/topic/dow-jones"},"url":"https://action.news/topic/dow-jones"}],"isLiveblogLive":null,"isLiveblog":false,"cetUnit":"buzz_body","bodyAds":["

\r\n\r\n","

\r\n\r\n"],"adCount":0},"isCollectionEmbed":false}">

The chyron juxtaposed with the stock ticker in the corner is *chef's kiss* pic.twitter.com/YXeBo4Uh3T
Aaron Rupar (@atrupar) August 15, 2024

Trumps dubious stock market warning was far the only outlandish moment during his press conference.

Making a mathematically implausible claim, he said that substantially more than 100% of net job growth in the last year had gone to migrants.

He also ranted about one of his most overplayed adversaries windmills and said that Harris has a very strong communist lean.

Your Support Has Never Been More Critical

Other news outlets have retreated behind paywalls. At HuffPost, we believe journalism should be free for everyone.

Would you help us provide essential information to our readers during this critical time? We can't do it without you.

Can't afford to contribute? Support HuffPost by creating a free account and log in while you read.

You've supported HuffPost before, and we'll be honest we could use your help again . We view our mission to provide free, fair news as critically important in this crucial moment, and we can't do it without you.

Whether you give once or many more times, we appreciate your contribution to keeping our journalism free for all.

Whether you give just one more time or sign up again to contribute regularly, we appreciate you playing a part in keeping our journalism free for all.

Support HuffPost

A huge haul of grocery staples and a little blue doll house served as props on both sides of his podium, but during the 80-minute-plus speech, the candidate swerved past his points about food inflation in favor of more contentious topics like immigration, the 2020 election and personal attacks on Harris.

For a complete rundown of the speech, read HuffPosts report here .