The Stock Market’s Only Hope Is… Tom Hanks ?, Crypto Coins News
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As the stock market plunges, the Dow Jones has erased virtually all of its gains under President Trump.
No amount of central bank or government stimulus has put a tourniquet on the bleeding.
One Wall Street pundit says it’s time for Trump to bring out his secret weapon – Tom Hanks.
The stock market is suffering a historic meltdown , and nothing the White House or Federal Reserve has thrown at crisis has halted the sell-off. But according to one Wall Street pundit, Trump may have an ace up his sleeve – Tom Hanks.
With the Dow Jones ranging near Trump-era lows, Josh Brown says that what the stock market r eally needs is some upbeat news. That’s where Tom Hanks comes in. | Source: Yahoo Finance
Brown explained that the constant focus on new coronavirus infections and COVID – (deaths only inflames investor fears.)
Stimulus packages might contribute to the economy’s recovery
over the long run, but what the stock market really wants to hear is that there’s light at the end of the tunnel.
I’m not a medical expert, but I know what the market will rally on. It wants to hear about promising treatments … It wants to hear about recovered people.
We are not hearing enough about recovered cases. Every single day is fatality count, new infection count. We’ve got to hear both sides … That is what could put a floor in the market, when people aren’t terrified of … health, security, and their money.
And Tom Hanks is the perfect spokesman for that message.
Hey Trump, America Needs Its Dad
Hanks isn’t just a celebrity – he’s bigger than life.
But just as Tom Hanks’ diagnosis was an omen for just how severely coronavirus could disrupt American life, his recovery should be lionized as a beacon of hope for an (economy racked with uncertainty
.
)
There’s only so much favor the most polarizing president in US history can expect to curry. | Source: Drew Angerer / Getty Images / AFP
“We are all in this together. Flatten the curve, ”Hanks tweeted on Tuesday.
That’s the messaging the White House’s coronavirus task force needs.
Trump may sometimes imitate that language (in between bashing his political foes), but there’s only so much favor the most polarizing president in US history can expect to curry.
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