Read time: 1 minute

Allen West: Stock Markets Are Up In Anticipation Of Republican Retaking The White House

I've heard Allen West say a lot of mind numbingly stupid things in the past, but this latest is right up there with some of the most ridiculous. Here he is on Neil Cavuto's show with his explanation for why the markets are up. Allen West Says

I've heard Allen West say a lot of mind numbingly stupid things in the past, but this latest is right up there with some of the most ridiculous. Here he is on Neil Cavuto's show with his explanation for why the markets are up.

Allen West Says Future Republican President Should Get Credit For Today’s Stock Market Gains:

The Nasdaq topped 3,000 today for the first time since 2000 and the Dow finished strong, up 217 points at 13,177 — its highest level since the end of 2007.

But on Fox News this afternoon, West said the markets were only up because traders think Republicans will win big in November. Host Neil Cavuto seemed taken aback by the suggestion and pressed West for clarification, but the Congressman stood by his claim:

CAVUTO: What do you think about that? That the markets say you’re wrong, that the pick up is alive and well.

WEST: Well, I would think maybe the markets are maybe looking five to six months down the road, when we have a change in leadership in this country

CAVUTO: Wait a minute, you think that this is built on a Republican either capturing the White House or Republicans capturing the Senate? … That might or might not be a stretch, but it is out there as a factor. You think that’s a genuine factor? You think that the markets are getting bubbly in anticipation of a Republican taking the White House?

WEST: Oh, absolutely. Well, I think that there is a hope that may be out there, is that we can get a person that has practical viable solutions for job creation here in the Unite States of America [in the presidency].

Can you help us out?

For 16 years we have been exposing Washington lies and untangling media deceit. We work 7 days a week, 16 hours a day for our labor of love, but with rising hosting and associated costs, we need your help! Could you donate $20 for 2020? Please consider a one time or recurring donation of whatever amount you can spare, or consider subscribing for an ad-free experience. It will be greatly appreciated and help us continue our mission of exposing the real FAKE NEWS!

More C&L Coverage

Comments

NOTE: We will be changing to a new commenting platform in the next couple of weeks. We will supply more details as we get closer to the change. We understand some users are having problems with comments loading and this will hopefully remedy that problem

We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service (revised 3/17/2016) for information on our posting policy.