Stock market tanks after Donald Trump throws idiotic stimulus tantrum

| 3:58 pm EDT October 6, 2020
Dear Palmer Report readers, we all understand the difficult era we're heading into. Major media outlets are caving to Trump already. Even the internet itself and publishing platforms may be at risk. But Palmer Report is nonetheless going to lead the fight. We're funding our 2025 operating expenses now, so we can keep publishing no matter what happens. I'm asking you to contribute if you can, because the stakes are just so high. You can donate here.

Why did Donald Trump even bother to leave the hospital, if he’s just going to go back to doing the things that have been causing him to lose the election? That’s the question we’re all asking, as Trump’s behavior since returning to the White House has been more self destructive than ever.

For instance, the stock market was having a nice day today – until about an hour ago, when Donald Trump abruptly announced on Twitter that there would be no stimulus package before the election. He tried to justify it with a rage-filled rant about “poorly run, high crime, Democrat States” but clearly no one is interested in his reasoning; all anyone cares is that this is going to harm the economy.

In the hour since Trump’s tweet, the Dow Jones Industrial Average has plummeted about 700 points, making clear that investors expect there to be immediate negative economic fallout from this. It’s not clear if Trump was merely bluffing, in the hope of increasing his leverage. If so, he now has a lot less leverage, and would need to come crawling back to the table.

As Trump’s mental and psychological state continue to become more questionable, we’re left to wonder if he’s even clinically capable of making a rational decision. This guy seems to be self destructing in real time, even as his body fails him and his election prospects continue to dwindle.