President Donald Trump blamed the current stock market volatility on voters electing Democrats in the 2026 midterm elections.“The Stock Market crashed today because the Dumocrats had a big Tuesday — So sad to see, you only have yourselves to blame!” Trump wrote on Truth Social.Democrats retook the majority in both the House and Senate on Tuesday, reaching at least 253 seats in the lower chamber and at least 54 seats in the upper chamber in what pundits have coined a “bluenami” as voters latched on to affordability messaging from Democratic candidates. On Thursday, the stock market experienced major sell-offs related to losses in artificial intelligence-related stocks, which marked a sharp contrast to Wednesday’s post-midterm stock market surge. But Trump is placing the blame for the stock market crash on the Democratic wins.“The Stock Market suffered one of the Worst Days in History based on the results of the Election. Such a sad thing to watch! It took so much work to get us to a level that no one has ever seen before, and then this. Your 401(k)s have, therefore, dropped. Remember, it wasn’t Republicans, it was Dumocrats,” Trump wrote.“Do not fear, however, we will soon, one way or the other, be BIGGER AND STRONGER THAN EVER BEFORE,” Trump added.ELON MUSK’S NET WORTH DROPS $33.5 BILLION AS DEMOCRATIC MAJORITIES LOOMThe sell-offs follow investor fears over the future of the AI industry in the United States after many Democratic candidates who won, such as Sen.-elect Sherrod Brown in Ohio and Gov.-elect Gina Hinojosa in Texas, bashed the widespread expansion of data centers across the U.S. Data center moratoriums became increasingly popular for candidates in both parties to back during the midterm elections, while some politicians such as Gov. Kathy Hochul (D-NY) have already implemented them this year.The Nasdaq composite, which is tech-dominated, fell over 5% on Thursday.
Trump tells voters ‘you only have yourselves to blame’ for post-midterm market ‘crash’
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