Trump orders to suspend negotiations with Democrats over an anti-covid plan: says “economy is doing very well”, Wall Street soon fell 2%



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The objective is to erect a package of measures to mitigate the economic effects caused by the covid but now there are no negotiations: Trump tweeted that he does not want to negotiate more until the elections and underlines that the priority objective of the Republicans should be to achieve the nomination of Amy Coney . Barretto the Supreme:

The president of the United States leaves the accusations to the Democrat and Speaker of the House of Deputies, Nancy Pelosi, with whom he does not have the best relations. Trump says that Pelosi is negotiating in bad faith, that she is asking for money for areas that have nothing to do with fighting covid-19 and praises the country’s economic behavior: “our economy is doing very well”, the stock market is breaking records ” , “Employability and the unemployment rate are recovering and breaking records”, “the best is yet to come”.

Reuters, Financial Times and Wall Street Journal explain the immediate effect of the news and Trump’s enthusiasm: the stock market reacted badly and fell back: Wall Street fell 2% after the announcement of the president of the United States.

Since leaving the hospital after being diagnosed with covid-19, and at a time when he should be quarantined, Donald Trump has said he wants to discuss with Joe Biden next week regardless of whether he has contracted the disease, he has seen the Twitter admonishes him for spreading misleading information about covid-19 and now causes a stock market crash for having decided to suspend the negotiations of the anti-covid recovery plan.

Trump’s priority, according to himself, is to close the appointment of Amy Coney Barret, in order to increase the conservative majority in the Supreme Court, a court that can be decisive after the elections if there are complications in the declaration of the winner ( Trump has already raised suspicions about votes by mail and also declared that he will not be available for a peaceful transition of power if he loses the election to Biden.)

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