US stock market crashed after Trump announced his plan to fight coronavirus

[52051]

After the market learn that President's strategy to combat the virus is even more tax-cut for the rich and more travel ban, meanwhile the test for the virus still cost $3000 which most americans don't have in their bank... Looks like the American public health system are run by some third world gang boss/cartels.

As for now the Dows' down 2100 and triggered circuit breaker...

This is rather unusual event, there are only 3 circuit breakers has ever occurred in US's 150 years+ stock market history, the last one happened at a time long long ago, as far as more than 3 days ago.

https://news.yahoo.com/coronavirus-covid-19-news-and-live-updates-120246923.html

 

[Cthulhu]

After the market learn that President's strategy to combat the virus is even more tax-cut for the rich and more travel ban, meanwhile the test for the virus still cost $3000 which most americans don't have in their bank... Looks like the American public health system are run by some third world gang boss/cartels.

As for now the Dows' down 2100 and triggered circuit breaker...

This is rather unusual event, there are only 3 circuit breakers has ever occurred in US's 150 years+ stock market history, the last one happened at a time long long ago, as far as more than 3 days ago.

https://news.yahoo.com/coronavirus-covid-19-news-and-live-updates-120246923.html

You guys remember what they were saying when outbreak started in China?

United States Secretary of Commerce Says Coronavirus Could Bring Jobs Back to the U.S.

You guys remember what these Americans were saying when outbreak started in Iran?

https://twitter.com/x/status/1232352172911865856

Now that the chicken coming to roost, We say the same thing: Very nice development, Happy to see this achievement!

 

[cloud4000]

Stock market has always been a barometer of human sentiment. As of now, the people are panicking and selling everything for cash and other safer havens. I think it’s a time to buy.

 

[powastick]

Trump might be sick with Corona.

https://www.cnbc.com/2020/03/12/coronavirus-brazilian-official-who-met-trump-tests-positive.html