President Donald Trump Just Called Nov. 5 One of the Stock Market's "Worst Days in History" Due to Election Results -- but Warning Signs Have Been Apparent for Months

On November 5, 2026, the stock market experienced a significant decline with the Nasdaq Composite falling 1,422 points—its largest drop in 55 years. While President Trump attributed the crash to midterm election results, the article argues the decline stems from deeper issues: a Democratic gubernatorial wave threatening AI data center expansion in key states (Texas, Georgia, Ohio), historically high market valuations (Shiller P/E ratio at 42.84 vs. historical average of 17.45), and bond market warnings about unsustainable AI infrastructure investments.