The president has informed his advisers not to make dire predictions about the financial impact of the virus, The Washington Post reported.
President Donald Trump blamed the recent stock market slide on dire warnings by the Centers for Disease Control about the dangers of coronavirus. The president has not talked much about the coronavirus publicly, but privately he is concerned about its impact on markets and reverberating impacts on supply chains, according toOn Tuesday, the Dow and the S&P dropped more than three percent while the Nasdaq was down 2.
Pedestrians walk past an electronic quotation board displaying numbers of the Nikkei 225 Index in Tokyo on February 26, 2020. President Donald Trump is reportedly concerned about warnings by the Centers for Disease Control and their impact on markets.However with more than 50 people in the U.S.
"You get a three-hour high from your happy talk, but lose the long-term ability to be seen as serious, factual and potentially reassuring at a later point when it might be justified.contacted the White House for comment. In a statement to the, White House spokesman Judd Deere denied that there was any disagreement between the CDC and White House economic team about the impact of coronavirus.
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