for this week s gotcha, we re zeroing in on the republican party and what i like to call the trump slump. and i m not talking about his unfortunate posture. republicans had a rough night on tuesday, losing the governor s race in kentucky. kentucky! even after the president made a point to campaign there for his candidate and in true trump fashion, he made the election all about him. if you lose, they re going to say trump suffered the great defeat in the history of the world. this was the greatest. you can t let that happen to me. well, that did happen to you, mr. president. but the bad news for you didn t
answer is never. never. so here s what happened for the dow was up nearly 45%. the s&p up 38%. the nasdaq look at that! 53% since president trump was elected and on top of that you got unemployment at a 50 year low. 3.5%. so now nearly three years later, out with another prediction, warning people to prepare now for the coming trump slump. he may be the first president of modern times to preside over a slump that can be directly related to his own policies rather than bad luck. join me now, three of my colleagues from fox business which had a big refresh, beautiful pictures all over the building outside. great to have all of you with us. i m not sure why anybody listens to paul krugman. he s made a lot of false assessments of what s going i
resort gets for being able to rent out the boris johnson bungalow. the highest rates. they can use the boost, because despite saying the business is on fire, according to the washington post, it dropped some 70% recently, for example, after its comments about mexican immigrants, sponsoring a major tournament there pulled out and the tournament moved to mexico, ironically. that trump slump may have been what prompted the resort to flirt with hosting a strip club sponsored golf tournament before cooler heads prevailed. now would be a good time for the cooler heads to suggest that hosting the g7 at the doral is a terrible idea. the last time the u.s. hosted the g 8 president obama held it at camp david, it s secure, centrally located and certainly available and that s your reality cloud deheck. near an airport also, i want to know one thing, it s hurricane season when the g7 comes to town, which may explain the nuclear weapon thing with the hurricanes. i like how you weaved that
with a look at axios a.m. is cofounder and ceo of axios. what is the one big thing? we are looking at the trump slump, we have been talking to cable news and websites and across the board you are seeing less interest in donald trump than last year. you are seeing about a 30% decline on social media in terms of interaction with stories about donald trump. when he tweets, he s getting about half of the interest and response that he would have a year or two ago. you re seeing a cable ratings in some area go down especially when talking about trump. and i think part of it is there s just of a numbing that almost nothing can break through. yesterday, we had you know we had this scoop with axios and hbo about the vetting documents and that s fresh and new and no one had seen it before. that does break through. but almost nothing else does. look there was almost no coverage of another rape
president put out, that was clearly a statement that the president put out. it was his words, it was his language, it was his anger and he is the one who is going to speak for himself on these issues and that s how the white house generally handles it. even if they don t always like what he says. ashley, an article that s getting a lot of attention today is out of axios. i m sure you ve seen this. this trump slump has it s been dubbed hitting the media digital and cable specifically, evidence that trump s social media star power was also beginning to wear off surface last money when axios reported that his tweets were receiving less than half the engagement that they got when he first took office. if that s true, ashley parker, first of all one would imagine that this president would soon become apa plek tick. but if does it diminish his ability to reach his base? first of all, it was a great story. and this is something that the