A Fox News host had some tough words for President Donald Trump as the stock market sinks to shocking lows.
Former Republican congressman Trey Gowdy poked fun at the state of Trump’s stock market by making a joke about cannibal movie Silence of the Lambs.
He claimed that watching ‘Silence of the Lambs’ was ‘less scary’ than looking at the markets as Wall Street plummets.
Gowdy was reacting to the current economy on his show Sunday Night in America, when he said: ‘I actually stopped looking at the market. I’ve been watching the Silence of the Lambs because it is less scary for me then looking at the stock market.’
Gowdy was referencing the 1991 horror film starring Anthony Hopkins as a charming but terrifying cannibal.
Gowdy’s guest, Forbes media chairman and editor-in-chief Steve Forbes, laughed in response and then responded: ‘Well, don’t pay too much attention to Hannibal right now.’
He then attempted to explain the market meltdown and pointed to tariffs fueling the economic uncertainty.
‘But the insurgency of the tariffs as businesses and individuals halting on their plans for they want to see what the rules of the road are going into the future.’
Former Republican congressman Trey Gowdy poked fun at the state of Trump’s stock market by making a joke about cannibal movie Silence of the Lambs
The comment comes as the stock market just suffered its worst week in more than two years. On Monday, the S&P 500 futures, Dow Jones Industrial Average futures and the Nasdaq 100 were all down
‘So the sooner the president can get the stability in terms of setting the tariff rates, people know what the rules of the game are rates do not change 25 to 50 percent or 10 percent because that disrupts is not just prices it is the supply chain who are you going to buy from?’
‘In terms of materials, at what price? The sooner that is done the better.’
The comment comes as the stock market just suffered its worst week in more than two years.
On Monday, the S&P 500 futures, Dow Jones Industrial Average futures and the Nasdaq 100 were all down.
Trump’s Treasury Secretary brushed off concerns about the crashing stock market that wiped trillions of the economy on Sunday.
Treasury Secretary Scott Bessent, a former hedge fund manager, dismissed concerns about a looming recession – and revealed his plans to ease the current economic tensions and halt what appears to be an inevitable financial crash.
The president has ramped up a trade war that caused the 7th fastest stock market slump on record on Thursday, dragging the S&P 500 more than 10 percent below its record.
A 10 percent drop is a big enough deal that professional investors have a name for it – a ‘correction’ – and the S&P 500’s 1.4 percent slide on Thursday sent the index to its first since 2023.
‘I’ve been in the investment business for 35 years, and I can tell you that corrections are healthy. They’re normal,’ Bessent said on NBC’s ‘Meet the Press.’
Gowdy was reacting to the current economy on his show Sunday Night in America, when he said: ‘I actually stopped looking at the market. I’ve been watching the Silence of the Lambs because it is less scary for me then looking at the stock market’
‘What’s not healthy is straight up, that you get these euphoric markets. That’s how you get a financial crisis. It would have been much healthier if someone had put the brakes on in ’06, ’07. We wouldn’t have had the problems in ’08.’
Bessent boasted about Trump’s economic plans claiming they will stop any potential financial crisis.
‘What I could guarantee is we would have had a financial crisis. I’ve studied it, I’ve taught it, and if we had kept up at these spending levels that – everything was unsustainable,’ he said.