Stock Market

CNN keeps getting hit like a punching bag with good reports that continue to blow its scare porn about President Donald Trump supposedly destroying the economy to smithereens. But this time, they got hit two days in a row.

The stock market continues to go gangbusters, so MRC Business thought it would be worth revisiting one of CNN’s dumbest End-of-the-World predictions about the Trump presidency to date.

CNN is the latest to suffer from the utter humiliation of prophesying Armageddon-level economic catastrophe as a result of President Donald Trump’s military strikes on Iran, only to have their predictions collapse faster than Biden on the steps of Air Force One. 

CNN has a weird obsession with making itself look completely stupid by trying to stoke bad vibes whenever it has to report on any good news that can somehow benefit President Donald Trump.  Instead of just reporting the straight news on price pressure relief for American consumers, CNN reporter Matt Egan instead chose May 14 to run one of the dumbest Tasmanian Devil spin headlines yet, “Good…

President Donald Trump’s first 100 days haven’t even been completed yet and CNN is already whipping out "Great Depression" scare porn to describe the current stock market under his administration. No, you didn’t misread that. 

On Deadline White House, snooty host Nicolle Wallace suggests that Walmart is the place you shop if you forgot an item. Blaming President Trump, Wallace also claims that the economy is in "mortal danger." Her evidence: the stock market was down 700 points today.

MSNBC host Joe Scarborough is having a rough day. The same media schlub who waved around the “I told you so” foam finger when stocks whipsawed on April 7 over President Donald Trump’s tariffs is doing the backstroke now after the markets surged just a day later.

CNBC’s Mad Money host Jim Cramer may really be an inverted soothsayer, as yet another of his predictions went in the complete opposite direction. That’s probably what happens when your brain just happens to be screwed on backwards.

A very interesting exchange on last night’s CNN NewsNight With Abby Phillip (AKA The Thunderdome) proved that a worthy argument can be undermined by an ineffective spokesperson. In this case, a point on the everyday effects of tariffs on imported goods that ended with Scott Jennings standing tall in defense of American snack foods.

In a spurt of schadenfreude, Joe Scarborough gloats over perceived Republican woes. He plays an extended clip of a Republican congressman getting booed and jeered at a town hall in ultra-liberal Asheville, North Carolina, revels over the stock market having another bad day, and reports on Putin saying "no" to a ceasefire proposal.

In her debut appearance on CNN This Morning, hosted by Audie Cornish, former George W. Bush official Ashley Davis says the stock market's recent dive is "around [Trump's] neck." An unfortunate metaphor in regard to someone who has suffered two recent assassination attempts.

It must have taken a hefty amount of acid dropping for the detached journos at The New York Times to psych themselves into believing the abject falsehood that President Joe Biden’s economy was just a booming spectacle of awesome.

Washington Post owner Jeff Bezos announced a dramatic ideological shift for his newspaper’s opinion section toward free markets, and staff are predictably having a nervous breakdown over it.

Someone needed to fill the delusional, pretentious void left by Paul Krugman at The New York  Times to tell Americans they’re too stupid to realize the God-Bless-America awesomeness of the Biden economy. It looks like Chief White House Correspondent Peter Baker volunteered.