
White House Downplays Stock Market Plunge, Points to Business Activity
The White House dismisses the stock market plunge as “animal spirits,” pointing to business activity and investment commitments as better indicators of economic health.
The White House dismisses the stock market plunge as “animal spirits,” pointing to business activity and investment commitments as better indicators of economic health.
US and Asian stocks fall sharply amid concerns over Trump’s tariffs and recession fears, while European markets remain stable.