WASHINGTON, D.C. – When President Donald Trump speaks, financial markets gyrate and quiver in real time. But that hasn't stopped the president from holding forth almost daily about the coronavirus pandemic and its economic implications without waiting until markets have closed for the day.
While many of his predecessors worked consciously to not affect the markets, Trump has overtly made market movements and performance a measure of his effectiveness and central to his argument for a second term.
Earlier this week, public health officials announced a surge of infections in the U.S. as leading economists predicted unemployment spiking to 10% or more.