Many questions surround Donald Trump’s imminent State of the Union address. Will he rant about “American carnage” and swampland corruption to a level that satisfies his base? Will he go off on a nonsensical tangent about attending fabulous 80s parties that were a veritable “Who’s who” of New Yorkers? Will the U.S. Capitol Police be checking the papers of the 27 Dreamers expected to attend? Amid the chaos, one thing is certain: the dealmaker in chief will position the U.S. economy front and center, with a major focus on his “trillion and a half [dollar]” infrastructure plan and the stock market gains he entirely attributes to himself. Under normal circumstances, Trump’s eagerness to take credit for the economy would be, if not strictly accurate, at least understandable. But on the very day of Trump’s big speech, this happened:

The drop, of course, can’t be entirely attributed to Trump, just like the gains aren’t all his doing (though you wouldn’t know it from his Twitter feed, where self-congratulatory tweets about market performance may actually outnumber those attacking professional athletes, Hillary Clinton, and whatever retailer decided not to sell Ivanka’s pumps and handbags). But the sudden plummet, which is the Dow’s worst since May, could prove an awkward contrast to whatever lines Stephen Miller wrote for the president re: strapping investors to the jetpack on his back and soaring to heights no one thought possible. Worse, there’s a chance the trend could continue, nixing one of Trump’s only bragging rights. “We are long, long overdue for a serious correction,” David Kotok, co-founder of Cumberland Advisors, told CNN Money. “Will this be the one that takes the market down 5 percent or 10 percent and scares the hell out of everyone?”

Even before Tuesday’s news, the fact that Trump’s speech focuses on the myriad economic boons Americans have enjoyed on his watch was always going to be a little awkward, considering that when it comes down to it, his policies have had little to no direct impact on the majority of the U.S. population. The thousands of jobs he promised both on the campaign trail and in office have often failed to materialize, or have manifested in much smaller numbers than Trump has claimed. And the crown jewel of his presidency—his big, beautiful tax cuts—has so far gone unnoticed by most voters, with just 2 percent of adults saying they’ve received a “raise, bonus, or additional benefits due to the Republican tax law.”

In fact, the wealth and income gap is worse than ever, with Vox reporting that the most recent numbers from the US Census Bureau show that the top 5 percent of American households earned an average of $375,088 in 2016, versus an average of $12,943 for the bottom 5 percent. Adjusting for inflation, this represents the biggest income gap in at least 20 years, and by most counts Trump’s tax bill will only widen the gap. But don’t just take the fake-news media’s word for it. Here’s what respondents to CNBC’s Fed Survey had to say: