In coronavirus crisis, Trump's stock market advice keeps looking worse
Almost forgotten in the rush of doom-and-gloom headlines about the spread of coronavirus and Monday’s record-breaking stock market sell-off is President Trump’s two-week-old advice to would-be investors to buy stocks.
Though the first market jitters over the economic impact of coronavirus had already led to consecutive triple-digit losses, Trump posted an optimistic appraisal of the investment landscape on Feb. 24.
Trump:
"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!"
3:42 PM · Feb 24, 2020·Twitter for iPhone