Trouble for Kamala Harris

The stock market is in free fall. This morning, the Dow plunged more than 1,000 points, the S&P 500 slipped over 3%, and the Nasdaq was down almost 4% in early trading. The U.S. could realistically enter a recession amid the global conflicts in the Middle East and Europe. How will the Wall Street turmoil affect Vice President Kamala Harris’ 2024 presidential run?

As the polls have tightened since Harris joined the race (and officially secured the Democrat nomination), President Trump will likely make the stock market a regular talking point – as well as inflation, the job numbers, etc. Per the adage, people usually vote based on their pocketbooks.

Don’t forget that the Biden-Harris Administration had been touting that this was the greatest economy ever. Everyone is doing so much better under their watch. On the contrary, everyday people on Main Street didn’t buy the sales pitch.

A litany of bad economic news has emerged in the past week. Earnings reports came out from Big Tech companies that didn’t fare well. Much of the companies’ spending on AI actually hurt the stock prices. Then the Fed decided not to lower interest rates, and now the latest jobs report shows that the unemployment rate is the highest it’s been since October 2021.

Though the Biden-Harris Administration has persisted in gaslighting about the economy, we’re starting to see the symptoms of a poor economy and high inflation come to fruition. The American public has felt the effects of the struggling economy at the gas pump and the grocery store, but now you’re seeing the large companies at the top feel the economic strain and how the world is reacting.

The honeymoon is still in full swing with the mainstream media and Harris. Then the stock market took a dive on Friday, which has continued into today. Will the economy end the honeymoon prematurely and spell trouble for Kamala?

The economic news is grabbing the headlines in the U.S., but we are also witnessing major unrest in the Middle East. World War III could be imminent.

Iran and Hezbollah are reportedly on the verge of attacking Israel, according to Secretary of State Antony Blinken. Iran and Hezbollah are retaliating for the assassinations of Hezbollah commander Fuad Shukr “Sayyid Muhsan” in Beirut and Hamas leader Ismail Haniyeh after the murderous attack that left 12 dead Israeli children.

Former Acting Director of National Intelligence Ric Grenell reacted to the forthcoming attack on Israel:

Peace is good for America, it’s good for people,  and it’s very good for the economy – and this is what Donald Trump brought us. Donald Trump consistently worked to bring more Arab-Israeli peace agreements. No wars in Europe. It’s very difficult to avoid war. I’m going to be honest: It’s a lot easier just to let the conflicts slide into military action. And that’s what we’ve seen from this Administration – multiple wars. . . . The American people have got to wake up. They cannot keep complaining about wars and killings and an open border and inflation and vote for the people who are giving it to them. What’s happening today is just proof . . . that these weak policies from Biden-Harris are going to make a country less safe and less prosperous.

We are all praying that Israel remains safe during this dangerous time. The ACLJ is also continuing to defend our greatest ally. We just submitted a vital amicus brief at the International Criminal Court after it outrageously sought arrest warrants for Prime Minister Benjamin Netanyahu and other Israeli leaders. It could go down as the most important legal work we’ve ever done for Israel.

Today’s Sekulow broadcast included a full analysis of the chaos on Wall Street today. ACLJ Senior Counsel CeCe Heil also told us about a new religious liberty case involving an employee being denied religious accommodation to attend church on Sunday.

Watch the full broadcast below: