Now that Joe Biden is president, Sean Hannity doesn’t find a record high stock market all that impressive

Hannity, who spent years touting the stock market as a Trump accomplishment, now downplays the S&P hitting a record high

The S&P 500 hit a record high on January 19, further reflecting a booming economy after some pundits had worried that it would fall into a recession.

After repeatedly praising former President Donald Trump for stock market records, Fox News host Sean Hannity now dismisses stock prices as inconsequential for most Americans, cautioning that “this thing can come tumbling down just as quickly as it went up.”

Sean Hannity dismisses new stock market record high under Joe Biden

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Citation From the January 19, 2024, edition of Premiere Networks' The Sean Hannity Show

SEAN HANNITY (HOST): They certainly can't point to any success that is remarkable that would warrant another four years in office. After all, we've pretty much had nothing but wreckage. 

...

Yeah well, what he's not telling you is home sales are the slowest in 29 years. Now, stocks did hit an all-time high. What did we learn last week? Is that the stock market impacts 8% of Americans. It does not impact the other 92%. It's one of the main reasons I've never used it as any kind of real barometer in terms of the health of our economy.

And, you know, this thing can come tumbling down just as quickly as it went up. Yeah. Stocks went up, this past year. What? It just barely made up for what the losses were last year. Pretty unbelievable.

Despite claiming that he has “never used” the stock market as “any kind of real barometer in terms of the health of our economy,” during the Trump administration, Hannity routinely ran a rolling list of “President’s Trump’s Accomplishments” that would scroll as he lauded Trump’s economic policies. The second accomplishment in the scroll was “stock market reached an all-time high.”

Hannity noted that he was scrolling “just some” of Trump’s accomplishments, declaring the “stock market, again, all-time high.” [Fox News, Hannity, 11/27/17]

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Citation From the November 27, 2017, edition of Fox News' Hannity 

Hannity began his show by bragging that “despite vicious media attacks and many political obstacles, well, 2017 was a very successful first year for President Trump,” and noted that the stock market is at an “all-time high.” [Fox News, Hannity, 1/2/18]

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Citation From the January 2, 2018, edition of Fox News' Hannity 

Hannity teased that he had “good news to bring you about the president, guarantee you nobody else in the media will talk about it.” After showing a clip of Trump touting his accomplishments, Hannity scrolled through “historic” accomplishments including the “stock market reached an all-time high.” [Fox News, Hannity, 4/12/18]

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Citation From the April 12, 2018, edition of Fox News' Hannity 

Hannity again scrolled the “long list of accomplishments” including that the “stock market reached an all-time high.” He complained, “You can see right there on your screen, but you’re likely to never see these things reported in the mainstream media.” [Fox News, Hannity, 4/23/18]

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Citation From the April 23, 2018, edition of Fox News' Hannity

Hannity attacked the “media's bias of omission” ignoring that Trump “has been building a track record of economic and diplomatic achievement.” Hannity again scrolled through his list of Trump’s accomplishments, including the stock market high. [Fox News, Hannity, 5/4/18]

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Citation From the May 4, 2018, edition of Fox News' Hannity 

Hannity claimed “by every reportable, objective, discerning measure, this country is now in the middle of a recovery and boom that is the envy of the world.” Hannity again scrolled through his list of Trump’s accomplishments that cited the stock market high. [Fox News, Hannity, 10/5/18]

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Citation From the October 5, 2018, edition of Fox News' Hannity 

While describing his definition of “America first,” Hannity scrolled through “President Trump’s accomplishments” that included the stock market record high. [Fox News, Hannity, 10/23/18]

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Citation From the October 23, 2018, edition of Fox News' Hannity 

Hannity reported that “today’s economic news is more than phenomenal,” boasting that the “stock market is soaring.” He also showed headlines from Drudge Report citing “stock market endless rally.” [Fox News, Hannity, 5/3/19]

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Citation From the May 3, 2019, edition of Fox News' Hannity 

Hannity directed his audience to “take a look at your screen” of Trump's accomplishments. The second item in the list included “stock market reached all-time high.” Hannity commented, “The track record is amazing.” [Fox News, Hannity, 9/26/19]

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Citation From the September 26, 2019, edition of Fox News' Hannity 

Hannity declared, “President Trump has amassed a historical level of accomplishment,” and said, “Look at the economy on fire, record after record.” Hannity also included the stock market record in his scroll of Trump accomplishments. [Fox News, Hannity, 11/4/19]

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Citation From the November 4, 2019, edition of Fox News' Hannity 

While trying to demonstrate that Trump has kept “every promise after promise after promise,” Hannity scrolled through Trump’s accomplishments, including the stock market high. [Fox News, Hannity, 12/5/19]

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Citation From the December 5, 2019, edition of Fox News' Hannity 

During an interview with Trump, Hannity prompted the former president to retaliate against Biden claiming “one of the most successful presidencies” by scrolling through Trump’s first year of accomplishments, including “stock market records, wealth creation.” [Fox News, Hannity, 1/20/22]

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Citation From the January 20, 2022, edition of Fox News' Hannity