In a recent livestream, Barstool Sports founder Dave Portnoy expressed his outrage over President Trump's tariffs, which he claims led to significant market losses. Portnoy condemned Trump's actions, claiming responsibility for a drastic market decline that resulted in his own $20 million loss. He emphasized that the impact of the market crash extends beyond the wealthy, warning that advertisers and companies associated with his business would also suffer, potentially leading to job losses. He criticized Trump for seemingly indifferent behavior during the crisis, illustrating a deepened frustration among his supporters.
"That's why we're calling it Orange Monday. This is a decision that one guy made that crashed the whole stock market," Portnoy fumed.
"You think if I'm losing money, if the stock market is tanking that only affects rich people? We're probably affected the least," Portnoy said.
"Yeah I'm losing $20 million, but I still have plenty of money it all shakes down. Companies contract... Suddenly we're not getting as much money. Suddenly I have to fire Nate and lay people off," Portnoy warned.
"I didn't love seeing [Trump] on the golf course... The stock market is getting crushed. I've lost 20% of my net worth. And you're out on the golf course," Portnoy expressed.
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