Fact check: President Trump Gaggles with Press Upon Arrival at Palm Beach, FL, Nov. 6, 2026
Donald Trump · November 7, 2026 · 11 min
Every claim, in order
- MOSTLY TRUEat 0:05· said in 7 broadcasts
“we lost about $3,000,000,000,000 when they found out that the Democrats did well in the election”
What the data shows: S&P 500 erased approximately $3 trillion in market value on November 6, 2026, following Democrats' midterm election victories. Nasdaq 100 lost approximately $2.3-2.5 trillion. Market decline attributed to investor fears of AI regulation and data center restrictions under Democratic Congress.
- FALSEat 3:26
“They have 300% inflation.”
What the data shows: Iran's Statistical Center reported 89.8% point-to-point inflation in September 2026; IMF World Economic Outlook (October 2026) projects 78.6% for 2026.
- MISLEADINGat 7:26
“we had a higher, oil price than we had before, still lower than Biden and still lower than Obama”
What the data shows: WTI crude averaged $75.38/barrel in Trump's second term (2025-present), lower than Biden's $79 average but higher than Obama's $70 average (2013-16), per EIA data.
- TRUEat 7:26
“the stock stock market lost”
What the data shows: S&P 500 fell 19.4% in 2022, with a peak-to-trough decline of 25% before bottoming in October 2022, per multiple financial data sources.
- FALSEat 8:11· said in 7 broadcasts
“the markets all over the world, when they heard that the Democrats won that election, the market dropped $3,000,000,000,000, the highest amount in history”
What the data shows: 7726.7 — S&P 500 for Trump II at month 21 of the term (~2026), per FRED.
- FALSEat 8:56· said in 10 broadcasts
“they lost 25,000 mostly soldiers last month between the two of them, between Russia and Ukraine”
What the data shows: Russia suffered 54,400 casualties in October 2026; Ukraine approximately 5,000-10,000. Combined: ~59,400-64,400 per month-end reports from Ukraine's General Staff and NATO officials.