President Donald Trump’s tariff war is wreaking havoc on the stock market amid fears of a recession, prompting Jimmy Fallon to offer expert analysis Tuesday on just how grim things are.
“Right now the economy is so bad, Elon Musk is thinking about laying off Donald Trump,” the “Tonight Show” host cracked.
OK, so maybe it wasn’t expert analysis but it was funny. The audience responded with extended applause and Fallon took it in with a big smile.
But the comedian wasn’t done:
“People are saying Trump doesn’t know anything about the economy and they might have a point: He thinks bear markets are where RFK Jr. buys his lunch meat. Trump thinks duopoly is the artist who sings ‘Dance the Night Away’ (Dance the Night) and ‘Levitating.’ Trump thinks that endowment is what the dad in ‘The White Lotus’ showed under his robe last night.′ ”
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Fast-forward to :45 for Fallon’s on-the-money jabs at the president: