Monday, March 16, 2020

Trump Speech Causes Worst Day on Wall Street Since 1987

As Trump was at the lectern this afternoon telling the world that it might be "July or August" before the Covid-19 outbreak passes and that the U.S. "may be" heading into a recession, the stock markets collapsed: S&P 500 -11.98%, DJIA -$12.93%, Nasdaq -12.32%, at close.

When D.J. Trump speaks, people panic.