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He walked that back later and said he was buying stocks. From his Twitter... 'Some investors have been confused by remarks. To clarify, I am confident the pres
by hnburnsy 7y ago
He walked that back later and said he was buying stocks. From his Twitter...
'Some investors have been confused by remarks. To clarify, I am confident the president will do the right thing in temporarily shutting down the country and closing the borders. If that happens, we can win the war against the virus and the markets and the economy will soar.'
' That is why we are buying stocks. These are bargains of a lifetime if we manage this crisis correctly.'
- H8crilA 7y agoYeah, basically if the virus spreads doesn't matter what you're holding now. And if the country is shut down now then things will eventually improve. He said he's buying even in that interview and explained this position very clearly. Kind of an "undefined behaviour" sort of thing - one branch of the conditional "cannot" happen, so you can assume it doesn't.
- divbzero 7y agoI don’t think his tweet walks back the needed actions he described earlier on CNBC. The tweet just expresses his confidence that President Trump will take those necessary actions.