US President Donald Trump blamed Democrats for losses in Americans' 401(k) retirement portfolios following their sweeping midterm election victories. His remarks came amid a deepening selloff. US stocks plunged on November 5, 2026, as concerns over AI infrastructure spending hit technology shares. Trump blamed Democratic midterm victories for the losses. Trump blamed Democrats' midterm wins for Wall Street's massive sell-off, warning Americans on Truth Social that their 401(k)s have dropped.