The president's prime time speech failed to assuage fears about coronavirus. It did not outline the US strategy to test for and treat it. And two of his major points had to be walked back later."Stocks are cratering on the president's remarks from the White House," economist Chris Rupkey of MUFG Union Bank wrote to his clients.Dow futures slid as many as 700 points when the president announced a 30-day ban on travel from Europe to the United States, including trade and cargo.
In just 23 days, the S&P 500 tumbled from record high to down 20% -- something that took 274 days during the 2008 bear market.On February 19, the S&P 500 was up 49% during Trump's time in office. Now it's up just over 10%.Investors loved his deregulation and corporate tax cuts. His policies nursed along an aging economic expansion, pulling the Obama recovery into a new decade. But the love affair appears to be over -- as seen in an 8,000 point dive in the Dow in just a few weeks.
ChristineRomans La Verdadera pandemia son la de los idiotas útiles comprando 500 rolos de papel higiênico por um vírus que mata viejos con condiciones preexistentes graves .... malditos Ladrones ... la industria farmacéutica mostrando su poder de pánico ....
ChristineRomans This commentary is why your ratings are low. You exhibit joy when America is down. Presidents will come and go but is ruined forever. Was it worth it?
ChristineRomans Trump shall be infected
ChristineRomans Stock Market will return bigger & better & stronger ..this happened because of billionaires demmokkrats who promised after losing the impeachment scam sham hoax that the only way to stop trump from being re-elected is a recession....republicans will stand up & Vote Republican
ChristineRomans In 2016, trump showed everyone how unfit & incompetent he is. Although the virus is not his fault, his terrible handling is & that has hurt the markets more than it should have!
ChristineRomans The best thing that could happen is to have all CNN get the glorified cold and go in quarantine for 14 days so we don’t have to listen th their rhetoric.
ChristineRomans What a dumb conclusion! Christine go and knit a pair of socks! CNN is the enemy of the USA
ChristineRomans I hope they wore a condom!
ChristineRomans The capten of the ship never lets fear take over, He always try to have the experts do what ever need to do, But he is standing calm. the media and politicians working against .what’s best, so to damage the elections. You miss interpreting what Trmps roll is ,and what the experts
ChristineRomans Now is just quoting their own made up crap? You guys are a joke.
ChristineRomans You ludicrous clowns. The stock market has tanked bec of the incompetent and demented Chinese Communists that Clinton enabled w/ the World Trade Org entry. Then China had no bigger economy, now China rivals the USA, largely bec of traitorous Am companies exporting work to China.
ChristineRomans 'That's CNN, fake news.' US President Donald Trump said in response to a question asking to respond to Americans who see him downplaying the coronavirus pandemic and giving statements that differ from what experts are saying about the public health crisis.
ChristineRomans great for Trump bashers, its like a pig ‘n shit for them. They think about all the possible deaths, umm... sounds great to them to dump Trump. They also know who they are.
ChristineRomans Black Swan event. The economy is strong. When the tide turns it will be a V shaped recovery. Only the dumb and very scared sold.
ChristineRomans Like I'm gonna listen to a broad
ChristineRomans Who even allowed you to publish this garbage.
ChristineRomans Jokes. Virus panic that YOU CAUSE has nothing to do with it I’m sure...not even a little 🤔
ChristineRomans ****FAKE STORY ALERT****This makes zero sense! The stock market isnt down bec of trump. I know cnn wants that to be the case but its not. Why does CNN take joy in seeing people lose money and get sick? Bec they dont care about americans and care only about bashing Trump.
ChristineRomans It's not like he's ever been faithful.
ChristineRomans LOL. But I thought CNN said Barry Obama was really responsible for the market and jobs......The market will be just as high as soon as this is all over.... Another hit piece from Fake News CNN....
ChristineRomans Bullshit. and you know it
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