On Friday’s NBC Today, co-host Matt Lauer observed that Britain’s vote to leave the European Union “would appear in the short term...[to be] a victory for Donald Trump and his political world view over Hillary Clinton and Barack Obama and their political world view.” He turned to Meet the Press moderator Chuck Todd and wondered: “Does Donald Trump get a bump out of this?”

Todd wouldn’t go that far but did issue a warning to his liberal media colleagues: “I don't know if he gets a bump out of it, but it is a reminder why we, in whatever you want to call us, the political or media elite, need to not underestimate Donald Trump.”

He declared: “...there has been a worldwide trend in western democracies of a couple of things. Number one, angry middle classes...of essentially a move toward isolationism, which is, ‘You know what? Let them deal with their own problems, let's look inward.’ That's what the UK made the decision to do and that’s Donald Trump's message in a nutshell.”

After fellow co-host Savannah Guthrie asked about Trump taking a break from the campaign trail to open a new golf course in Scotland, Todd complained: “He dragged an entire press corps over to Scotland to help essentially promote the opening of a new golf course. And so, I think it undermines the message he’s trying to use against Hillary Clinton, that the Clintons do – use politics for their own benefit. He’s using his campaign for his own benefit.”

Here is a full transcript of the June 24 segment: