Following an early morning stock market plunge, trading was halted on the floor for 15 minutes for the first time since 2008. Concerns over the coronavirus and a plunge in oil prices apparently are the culprits this time.
The stock market just fell so fast that trading was halted for the first time since 2008 https://t.co/NCZRJzUsze
— TIME (@TIME) March 9, 2020
President Trump issued a series of tweets, attempting to quell the panic and the markets have appeared to stabilize for now.
So last year 37,000 Americans died from the common Flu. It averages between 27,000 and 70,000 per year. Nothing is shut down, life & the economy go on. At this moment there are 546 confirmed cases of CoronaVirus, with 22 deaths. Think about that!
— Donald J. Trump (@realDonaldTrump) March 9, 2020
Saudi Arabia and Russia are arguing over the price and flow of oil. That, and the Fake News, is the reason for the market drop!
— Donald J. Trump (@realDonaldTrump) March 9, 2020
Good for the consumer, gasoline prices coming down!
— Donald J. Trump (@realDonaldTrump) March 9, 2020
Prior to the latest troubles, there were many in the media and on the left crediting former President Obama with the success of the market under President Trump.
When Trump entered office he benefited from an economy that was in its eighth year of growth, a stock market that had been consolidating for about two years and was close to an all-time high. Making new highs is much easier in this situation vs. the one that greeted Obama when he took office.
FYI Mr Trump,you do like polls and facts? And Forbes, of course
— Yvonne Bornstein @yvonnebornstein (@YvonneBornstein) January 20, 2020
Would you like to read this FACTUAL article?Or do you have a headache today from the “enemy of the people“
How quickly we forget!
Obama Had More Stock Market Records Than Trump via @forbes https://t.co/r3hs9ECBVY
Many on the left and in the media are now are blaming President Trump for the latest crash by saying that he is not doing his job properly.
Even Today #BlackMonday Trump isn’t even in the White House doing his JOB – he won’t be back till after 3pm. After trading ends. 3 day weekend! We need a POTUS that lives on the real world! https://t.co/DXcNEnsxFJ
— Maria (@PlanTo2020) March 9, 2020
A Prez who would brag about stocks
— Bleeding Heart Liberal Marine (@zaharako) March 9, 2020
Woke up on a Monday in shock.
Taking Adderall bumps,
To snap out of Trump Slump
He just blamed all the Dems as he mocked. #BlackMonday #marketcrash #stocks #StockMarket #TrumpSlump #TrumpCrash #TrumpVirus #DirtyLimericks #PoliticalLimericks pic.twitter.com/eTBY6hrXbf
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