It doesn’t matter how successful or well off financially you are — regardless of anyone's personal situation, the hit investors endured in the stock market on Friday, April 4 will always hurt.
The United States stock market made the worst type of history with its second consecutive brutal day. As Unusual Whales revealed, Friday marked the first time the Dow Jones Industrial Average fell more than 1,500 points on back-to-back days.
The drastic decline in the market is said to be due to the recent tariffs and their impact on global markets, and CNN dug deeper into the situation.
While the financial impact of consecutive woeful days for the market is a major storyline, some credit goes to the owner of one popular media website for his candid approach to the day.
Of the many people who took a significant hit on Friday, Barstool Sports founder Dave Portnoy discussed how in the red he was during a video post.
“I’m down $7 Million [today]… Trump has put his tariffs all over the place… I’ve been trying to understand them - I don’t," Portnoy said. " ... And everything is in the s***ter because of it.”
Portnoy replied to the post, adding more context to the clip. He was quick to show that he wasn't trashing President Donald Trump and actually sent praise in his direction.
Portnoy called Trump a "smart guy" while explaining that he voted for him. The Barstool founder also bluntly stated that Trump is "smarter than me" when it comes to tariffs.
Portnoy didn't seem hostile or aggressive in discussing the tariffs or Trump, and you have to give the guy credit for remaining level-handed while being down $7 million.
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