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Stocks Bleed into Brandon’s Brutal Bear Market

'Has the White House redefined the term 'bear market' yet? ... '

(Mark Pellin, Headline USA) Despite refusing to call the current recession an actual recession, the stock market’s precipitous plummet again shed a harsh light of reality on the Biden administration’s perpetual gaslighting on Bidenflation and its horrible economy.

The market’s main index that tracks the performance of major stocks took a major hit Monday, with the Dow Jones Industrial Average tumbling 330 points and officially entering bear market territory, according to National Review. The bad news was mirrored in the S&P 500, which also set a new closing low for this year.

The markets opened Monday after a brutal close on Friday that saw the Dow dip below 30,000 and officially erase all to-date gains eked out since President Joe Biden took office.

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The Dow’s plunge marked a 20% decline from its close in January, which would meet the accepted criteria for a bear market. Stocks have also lost nearly $8 trillion in value since Biden took office, according to Fox News.

Rep. Lance Gooden, R-Texas, noted that former President Donald Trump predicted the looming disaster that has unfolded since Biden’s alleged election.

“President Trump on Oct. 20, 2020: If Joe Biden gets elected, ‘the stock market will crash,’” Gooden reminded. “The market has lost $7.6 trillion since Biden took office.”

“Has the White House redefined the term ‘bear market’ yet?” cracked American Greatness’ Tim Young, and he wasn’t alone asking.

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The White House, in typical tone-deaf fashion, celebrated the stock market tumult by ignoring the issue and focusing on more important agendas.

Biden marked the market’s tanking Friday in similar Nero-in-Chief fashion that he used to celebrate its plunge earlier this month.

“Markets erased two years of gains, dipped into bear market territory, and had their year-end targets slashed this week,” wrote Townhall’s Spencer Brown.

“So Biden is jumping into action to *checks notes* host a televised invite-only White House concert with Elton John, a la Nero.”

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