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Has Achieved Nirvana |
1) No travel from Europe for 30 days beginning Friday at midnight.
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Has Achieved Nirvana |
Said his early actions are responsible for low case numbers in US. He mentioned early travel restrictions for people from China. Didn't mention that we are way behind everyone else in testing.
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Has Achieved Nirvana |
Will be asking Congress to implement financial support for people quarantined, sick, or caring for sick.
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Has Achieved Nirvana |
"this is not a financial crisis" 1) instructions SBA capital liquidity. economic low interest loans. 2) Asking Congress to increase funding by $50B 3) Defer tax payments for certain individuals and businesses (didn't say who)
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Has Achieved Nirvana |
Virus won't have a chance against us. We have the best economy, best health care system, best doctors. We are in this together. Stop the partisanship. (BTW he started with a brief commentary on how epidemics have always plagued mankind)
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Has Achieved Nirvana |
End of liveblog.
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Has Achieved Nirvana |
Addition: Suspend all travel and cargo travel from Europe, excluding the UK
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Has Achieved Nirvana |
All in all, he did a pretty good job. Hopefully he doesn't screw it up with a tweet tomorrow morning.
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Has Achieved Nirvana |
Dow futures down 0.5% before speech. After speech, 2.5% Guess they didn't get what they wanted from his plans.
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Has Achieved Nirvana |
Down 4%. Guess they *really* didn't get what they wanted. https://www.cnbc.com/2020/03/1...ers-await-trump.html
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Has Achieved Nirvana |
I wonder if anyone actually cares about what he has to say anymore
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Has Achieved Nirvana |
. Why cargo and why exclude the UK?
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Has Achieved Nirvana |
Sadly, no doubt there are.
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Has Achieved Nirvana |
The plan was sketchy, and obviously he has to ask Congress for stuff which I'm sure stuck in his craw. He managed to keep it together and at least sound quasi-presidential. It's something, but my expectations were lower than whale doo-doo at the bottom of the ocean. As I said above, I don't hold out much hope that it won't all evaporate with tomorrow morning's tweets. I wonder if he's finally figured out that unlike the people he's fired, and the secrecy he's tried to implement, the virus will speak its mind and there's not a damn thing he can do about it.
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Has Achieved Nirvana |
Futures markets are limit down. Hello, bear market....
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