Source: CounterPunch
by Dean Baker
“Predictably, Donald Trump blamed Thursday’s market tumble on the Democrats, or more accurately, ‘Dumocrats.’ As I’ve written for three decades, deflating a bubble is good news. If stock prices don’t reflect fundamental values, then we should want to see them fall. Otherwise, we are getting a misallocation of resources.” (11/09/26)
https://www.counterpunch.org/2026/11/09/a-quick-note-on-market-crashes/