The president is a keen watcher of stock markets and has made a point of noting record highs. Now they are in sharp decline during an election year.
But critics of the Trump administration accuse it of reacting too slowly,and in making containment efforts, and the president downplayed the coronavirus in a tweet comparing it to seasonal flu, despite expert warnings that it is more lethal.
"The policy flops are mounting," Ryan Sweet, director of real-time economics for Moody's Analytics, wrote in a note to clients on Thursday,Back on February 11, Trump :"New Stock Market RECORD. Congratulations, spend your money wisely. KEEP AMERICA GREAT!!!!!" Eight days later, he wrote:"Highest Stock Market In History, By Far!":"The Coronavirus is very much under control in the USA. We are in contact with everyone and all relevant countries. CDC & World Health have been working hard and very smart. Stock Market starting to look very good to me!".
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NFL star Michael Thomas blasts Donald Trump supporters amid coronavirus outbreak: 'Joke's on you now'The New Orleans Saints wide receiver criticized Trump on Twitter on Wednesday night, shortly after the president imposed a travel ban.
Read more »
Meghan McCain Criticizes Donald Trump for His 'Misinformation' Amid Coronavirus OutbreakThe View co-host also said it would be 'absolutely cataclysmic' if the president contracted the potentially deadly virus
Read more »
Bernie Sanders says Joe Biden can beat Donald Trump: 'Between you and me, don't tell anybody''I think even Republicans and moderates are gonna say you know what, we can't have four more years of this guys,' Sanders told Jimmy Fallon.
Read more »
Donald Trump Suggests Postponing Tokyo 2020 Olympics Over CoronavirusPresident Donald Trump has suggested Olympic officials postpone the 2020 Games in Tokyo over coronavirus fears.
Read more »
Mike Pence is still shaking hands but Donald Trump is opting for bows amid coronavirus concerns'I'm also washing my hands very regularly throughout the day,' Pence said.
Read more »
‘Contagion’ Screenwriter on Coronavirus, Donald Trump and What We Can DoContagion screenwriter Scott Z. Burns says he was 'terrified' by Trump's budget cuts to the CDC: 'The notion that we’re going to cut these things and we’ll just try to rebuild them when we need them is foolish and dangerous'
Read more »