Fox Business analyst blows off growing concerns about the economy: “This is a media creation”
Charles Payne: “The media has gone to war with President Trump and made tariffs the scariest thing in the world.”
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From the March 18, 2025, edition of Fox News' America Reports
SANDRA SMITH (ANCHOR): Alright, that's Vice President JD Vance there touting the success so far of this White House's economic policies as the administration outlines its long-term plans. But markets are still in this wait-and-see over what happens next with tariffs. Let's bring in Charles Payne, host of Making Money on Fox Business. Because as you and I have always said for years as market watchers, markets don't like uncertainty. And even if the decision is to go forward with an unpopular policy or, you know, economic plan, the markets can accept that as long as they know what's coming. So it's that uncertainty that continues to weigh on markets.
CHARLES PAYNE (FOX BUSINESS ANALYST): Yeah but this, what we're seeing really over the last couple of weeks is a media creation. This – the media has gone to war with President Trump and made tariffs the scariest thing in the world. On Friday, when that consumer sentiment number came out, there's this part where they measure you know, what have you heard about government policies? The negative line on that, you've never ever ever ever ever seen it before. And then just yesterday, another piece came out on negative news. We have never had this much negative news associated with the economy outside of COVID, the peak of COVID. I mean, we're talking 9/11, we're talking world wars. Never. Never. So, this is a media creation right now that they're living through. And I like what the administration is doing. So, there's not a so-called "Trump put," President Trump is not going to panic about the stock market.