Media Matters reports:
The S&P 500 hit a record high on January 19, further reflecting a booming economy after some pundits had worried that it would fall into a recession.
After repeatedly praising former President Donald Trump for stock market records, Fox News host Sean Hannity now dismisses stock prices as inconsequential for most Americans, cautioning that “this thing can come tumbling down just as quickly as it went up.”
“Now, stocks did hit an all-time high. What did we learn last week? Is that the stock market impacts 8% of Americans. It does not impact the other 92%. It’s one of the main reasons I’ve never used it as any kind of real barometer in terms of the health of our economy.”
Read the full article. Media Matters always bring the receipts and at the link you’ll find a dozen videos of Hannity waxing orgasmic over the stock market during Trump’s term.