DOWpocalypse!! Stock market COLLAPSES, and Trump knows EXACTLY who’s TO BLAME!!

The Dow collapsed today, and some say its based on worries about inflation and the fed reserve choice to raise interest rates.

Reuters:

The Dow Jones Industrial Average fell 831.83 points, or 2.2 percent, to 25,598.74. The S&P 500 lost 94.66 points, or 3.29 percent, to 2,785.68 and the Nasdaq Composite dropped 315.97 points, or 4.08 percent, to 7,422.05.

Watch below:



Reporters asked Trump about it, and he blamed not Hillary Clinton, not the Mexicans, not Rod Rosenstein, not the FBI, not even Jeff Sessions… he blamed the fed reserve.

More:

President Trump on Wednesday said the Federal Reserve “has gone crazy” with a series of planned interest rate increases after U.S. stocks suffered their worst daily losses since February.

Trump told reporters on Air Force One that the Fed had raised rates too quickly after being asked his reaction to Wednesday’s massive stock sell-off, according to pool reports.

Yup. It’s not time to panic. The stock market has been on an enormous tear, and this is a small correction by comparison.

What we need is some perspective:

And that is why I’ll be buying some cheap stocks in the days to come…

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