Trump returns to the White House, but markets are cautious



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Trump’s health always in the foreground: the president returned to the White House, leaving the military hospital where he was admitted for coronavirus.

Before his departure from the health center, the mogul said he intended to return to the busy schedule immediately. election campaign, less than a month before the next presidential elections in November.

Trump’s doctors said the president’s condition has improved in the past 24 hours, although White House physician Dr. Sean Conley warned that “He may not be completely out of the woods yet.”.

Thus, signs of uncertainty remain about the health of the president and the near future of the US. markets they are reacting with cautious optimism.

Recovering markets, but uncertainty over the US

Global markets rallied on Monday, October 5 as investors followed reports of the improvement in President Trump’s health, having seen the US market its strongest session in several weeks.

On Monday night, US stock futures changed little and futures were pegged to the Dow Jones industrial average. They increase in a smooth way. Contracts for the Nasdaq 100 they got off the 0.2% over, at the mercy of indiscretions about possible radical reforms in the technology sector, while those of theS&P 500 they lost it 0.1%.

the Asian equities they followed the Wall Street rise after President Donald Trump’s release from the hospital eased concerns about his health. There is also the idea that US legislators will contribute more stimuli against the crisis of the epidemic. The dollar remained under pressure.

Investors hope that President Trump’s first-hand experience with the virus increases the odds of another tax package. This is the vision of Adam Phillips, director of portfolio strategy at EP Wealth Advisors: “It is increasingly difficult to deny the need for additional fiscal support”.

In fact, the approval of the stimulus plan by the United States Congress, which has stalled on the issue, has been awaited for weeks. A situation that, if unblocked, would give Wall Street a further boost.

However, there remains an aura of mystery about Trump’s actual health conditions. His return to the White House after hospital treatment for COVID-19 He left unanswered questions about his recovery and doubts about his willingness to abide by the constraints necessary to prevent a virus outbreak in the White House from worsening.

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