Barstool owner Portnoy ramps up Trump backlash – Sports News
Donald Trump has been referred to as out as soon as again by Barstool founder Dave Portnoy after tariffs introduced in by the U.S. President drastically impacted the stock market on Monday. Portnoy is pissed off that Trump has been talking about his current golf win when the market is “getting crushed” and criticized him for neglecting the financial system.
Portnoy has supported Trump prior to now and continues to endorse his politics, however even the Barstool owner is being pushed to his limits. On Friday, Portnoy claimed that market swings might have misplaced him $7 million, however on “Orange Monday” that snowballed into $20 million.
On Monday, Portnoy hosted a ‘Davey Day Trader’ livestream and spoke in regards to the present state of the stock market, and was upset with Trump’s feedback about golf when his internet price could also be down 20 p.c. “So Trump rolls out the tariffs, right? And it destroys the stock market,” Portnoy stated.
“People are comparing it to all these other crashes; this one’s the only one I can think of that’s like man-made. Like the stock market crashes on 9/11, yes. The stock market crashed [during] COVID, yes.
“But that is a resolution that one man made that crashed the entire stock market. That’s why we’re calling it Orange Monday and never Black Monday.”
Trump may be persisting with his tariffs and ignoring the initial market changes, but Portnoy was upset that the U.S. President was celebrating winning the Senior Club Championship at the Trump National Golf Club in Jupiter, Florida over the weekend. Trump was interviewed while on board Air Force One on Sunday, and was asked about his performance on the course.
“Very good, as a result of I received,” Trump said, smiling. “It’s good to win. You heard I received? Did you hear I received? Just to back it up, there – I received. I prefer to win.” When asked about his golf handicap, Trump responded: “Very low. I’ve a very low handicap.”
While some traders have benefitted from the market crash, several business owners have recorded major losses and Portnoy is one of them. Portnoy called upon the president to be more appropriate and criticized him for being carefree on the golf course while others are in a state of panic.
“I didn’t love seeing him on the golf course taking part in his course championship and being like, ‘I’m a very low handicap.’ I didn’t love that,” Portnoy said. “The stock market is getting crushed. I’ve misplaced 20 p.c of my internet price. And you’re out on the golf course.
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“Like in my thoughts, Donald Trump just cost me 20 million with whatever he did. Maybe don’t be on the golf course. Because I’m curled up in a ball in bed sweating.”
Even with the substantial loss, Portnoy reiterated his help for Trump on Friday when the markets began to fluctuate. “I voted for Trump. I think Trump’s a smart guy,” Portnoy stated.
“I think they’re smarter than me when it comes to these tariffs. I also think he’s playing a high-stakes game here. I’m gonna roll with him for a couple days, a couple weeks, see how this pans out.”
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