Stuart Varney: 401(k)’s went ‘straight down’ under Biden


FOX Business host Stuart Varney argues anyone who owns stocks right now is ‘feeling the pain’ as the U.S. economy grapples with inflation.

STUART VARNEY: There is a political angle to this: you see, the rich tend to vote Democrat. So here we have the wealthy, who did extremely well under the hated Trump, losing their shirts under Biden, their favorite.  

The rich are no longer getting richer. 

In fact, their share of the nation’s wealth is falling! You have to wonder if the Democrats can hold onto their wealthy voters.

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FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.

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