Trump Admin Lacks Credibility To Calm Markets On Coronavirus News | Rachel Maddow | MSNBC

Trump Admin Lacks Credibility To Calm Markets On Coronavirus News | Rachel Maddow | MSNBC


100 comments

  1. A diving stock market offers the rich the opportunity to buy depressed stocks at killer price and become richer when the stocks rebound.

  2. Yes but look at other counties they are pouring resources into this and Trump has stripped a lot of money from these programs. People could die & Trump has cut resources. The people from CDC including the Americans are totally shocked & irritated that the president would strip money from these programs just as the virus is reaching the US.

  3. I can’t believe neither of these gals stated the obvious. CDC is fake news and should be fired so Kudlow can give the real news and settle the markets

  4. Trump has finally broken the Obama economic rise that he inherited. Trump will continue to lie to the public and claim that everything is "fake news" if he doesn't like it.

  5. Now Trump will try to get these health officials fired. Anyone who contradicts him can expect their head on the chopping block. He must never be contradicted because contradiction to him, even when he is wrong, means disloyalty.

  6. How can you believe this adminstration when they keep on lying, they said the virus is contain but CDC warn that could be spread through out the US, plus Trump cut the fund for Health, which they will use to contain incoming virus

  7. Listen to Trump and YOU ARE DEAD! He doesnt care about YOU! He cares about his MONEY! He is the Grinch that stole LIFE… Disgusting and now WE are going to pay the price for his STUPIDITY!

  8. Here is what we know for certain. The virus is coming like it or not. We have an administration that will lie or hide any info that makes Trump look bad. He also won't listen to doctors or scientists because he knows better. And Trump has done everything possible to not fill important jobs and cut the CDC budget. Remember the hurricane and the sharpie? If the virus starts impacting our daily lives, the Trump administration will have no idea how to react. The Germaphobe in chief will hide at Mar-a-lago for months. Maybe it will spare us from his lie rallies.

  9. Here it comes!
    https://losangeles.cbslocal.com/2020/02/26/korean-air-flight-attendant-working-lax-flights-diagnosed-with-coronavirus/

  10. I hope the Stock Market Break's down And They All lose. Trump's Worried About Stock Market Instead Of The People's Heath And Life.

  11. Yes, Trump and his economic admin are full of s**. Is the dive in the stock market their fault??? No. Covid19 has global trade slowed down to a crawl. It has much less to do with trust than Trade. China (our largest trading partner) developed a Bio-weapon and it got lose. This is the type of stuff that happens in communist regimes. Do some research on how Chernobyl happened. Stupidest s** ever. It will likely get worse before it gets better.

  12. Tells you everything that when peoples lives are at stake. Hundreds, if not thousands of lives or more, the focus of the president is on money and the stock market. The White House Economic Advisor tells us that everything is under control. Really? So he has somehow all of a sudden become an expert in the CDC and Home Land Security AND PANDEMIC IDENTIFICATION AND CONTROL overnight ??? If I heard it right, another Trump Administration official made the comment the now is "the time to buy low in the stock market." Are you F'IN KIDDING ME…??? This is having America's back huh ? No thank you.

  13. Trump: "My syphilis is in remission. I know diseases." Trump supporter: "Trump's syphilis is in remission. Trump knows diseases."

  14. No One Believes any word that comes out of tRumps mouth! even his supporters know he's a liar. But as they say Birds of a feather.

  15. In 2007 Kudlow said there was "no recession coming". He "knows" economics and was 100% wrong, so why believe him about immunology?

  16. Rachel- watching your 2/26 show now…WHERE in Northern California is the first case of unknown origin that was reported today 2/26/20?? Why aren’t they telling us the location? If they want to stop the spread why not give the city name ASAP? That person may have been infected two weeks ago and already passed it on to others. The reports tonight said they are tracing where this person has been. That’s to try to find the origin and to notify others who’ve been in contact with this person….but why not tell the city/location so we are more at choice of exposing ourselves. If I knew it was my city I’d probably skip work til more info of this person’s movements over the last two weeks is released. Just saying…tell us WHERE IN NORTHERN CALIFORNIA!!? Update..Thank you….end of hour Rachel reported it’s Solano County. Not sure why that wasn’t stated in original info. …why CA dept Health didn’t include location at first.

  17. King trumpy will not take any actual action to prevent the spread of coronavirus. Millions of people will die. The government has nothing left for something like this.

  18. 🏳️‍🌈🐻🍆🐂 for the next 60 days until you all realize you are way past the delusional phase of a bull trap. Remember this anyone claiming everything is fine… remember thats what they told people on on 9 11 and to return to there offices. They have skin in the game and bears should eat after hibernating during winter.

  19. what are the odds? The odds are something like this being worse, and more wide spread then they are admitting! Meaning any government whose trying to ovoid panic!. Also the odds are there are more cases, wide spread then they know about! Those two odds multiply each other, making it a sure bet, there are multiply cases in every state! We just don't know about them! Am I panicked enough? Should I worry? I think I need to be carful at least, and they should be giving us that message now! They just don't want a slow down in the economy! Just like every other country!

  20. And the markets are slowing down, because they see what's happening in other countries! This is just the beginning, and they need to tell us, so we can prepare!

  21. Reinvest my dividends .. without me depositing money in my account EASY 💪🏿 . . . BUT I'm happy about this STOCK MARKET CRUSH . . . Low LOW LOW deals

  22. Rachel I just say person Rachel I just want to say person thank youRachel I just really want to say thank you and your staff for finding out the proper information to the in this country I'm not in America right on moving in Mexico and I pay attention to every and I just said that's all I want to do and people can go on there God bless you and your staff

  23. Dear Rachel,
    Do you think we could have avoided some of this if news agencies had been covering the programs Trump was cutting and letting everyone know that cutting anything to the CDC, for example, was very, very, bad. Just sayin'.

  24. Don't quite believe the hype here. The market was over bought for a long time. It needed a correction, and they always need some event like a hurricane or earthquake to correct it. Corona virus is just a reason to correct the market to unsuspecting investors.

    At such a top heavy market the charts have been pointing to a correction, the big boys always needs a catalyst to go deep.

  25. This bull market (well up to now) has been propelled by two things, strong stock buybacks from the Trump give away tax cuts to corporations and secondly irrational exuberance …Small investors better understand that this virus has the potential to really tank this stock market, just look what has happened in S Korea / Italy and Iran…This Virus could potentially blow through the US like one of those Japanese bullet trains, Trump with his hatred of Obama shut down the very agency that was built for such a threat…The Obama administration could see that a virus was probably far more of a threat to the world than anything else, some of the best scientists and contagious disease experts were disbanded in 2018 by this unstable lunatic posing as POTUS…

  26. The Stock Market was artificially inflated by TRump's Billion dollar buddies trying to make him look good.

  27. Everyone knows that this guy and the guys that he has put in charge of running things should not even be in charge of running their own noses… The reality of the situation is that by the USA doing this social experiment of putting a racist anti-science, anti-Intelligence person in charge of the country, and dismantling any type of defense we would have against this it has created the perfect storm for a catastrophic event to take place and millions of lives to be lost to a super cold (covid-19).
    The CDC will do all that they can, but i am sure that at the same time the Trump administration will be making cuts to the CDC's budget.

  28. Great Job Stephanie! This is why we need women in charge, we need an unbiased direct look at what is going on and fact based information! This is what women educated women bring to the table. We need Warren!

  29. Rachel — this is one time when you need to take Wall Street's reaction deadly seriously. Stephanie knows this as well as I do, since we both worked in the same industry (though my only connection to Deutsche was as a freelancer). Despite having worked in The Industry, I have a very negative view of the stock market (well, capitalism in general, but nothing is as crooked as the market) That is why I eventually had to "retire" before my sould died and my moral compass was irreparably bent. Based on Rachel's intro I sense you share the understanding that the stock market is basically a rigged betting game that ensures the wealthy get wealthier while the average retail stockholder gets clobbered on every crash. The REAL players have computer trading systems that can dump their entire holdings in milliseconds, while retail investors have to wait until the end of the day (three percent poorer). So when the market acts like there is reason to panic, any skeptic would ask whether this is just another way for them to tank prices and then "buy on weakness".

    Having said that, the markets arent so totally divorced from reality that they can shrug off a crippling systemic threat to making money. And that is exactly what coronavirus is.

    At the moment, China's production base is at a near standstill, and will remain that way until the virus is totally contained. That could take YEARS.
    At a minimum it will take 3-5 months.
    Without components made primarily by Japanese companies, in China (Denso, Aisin Seiki Mitsuba, NGK etc.), even automakers in the US and Europe will not be able to make new cars. Auto industry investors are running for the exits because profits are going to CRATER for the next 8-12 months, minimum. And that is ONE industry.

    More importantly, people have just realised to their shock that frequent air travel, by a huge percentage of the world population, is not a good thing. For decades it was obvious that this was LITERALLY killing the ecosystem that keeps us alive … but now when people see that THEY PERSONALLY might die because there is too much international air travel, they are sitting up and taking notice. In any event, Covid-19 illustrates the undeniable fact that modern society is going to have to limit air travel to things that are productive and urgent … not just because you want to see the Taj Mahal up close for a few hours, then go right back to your western capitalist man-cave.
    Investors are looking at the impact this could have (not just on Delta, Boeing and Abercrombie & Kent, but on every company that is involved in international trade!), and saying "the heck with equities. Can I still get a relatively inexpensive gold futures product?"

    I could go on for industry after industry. Now of course, this will only manage to knock down all the dominoes if the global community FAILS to contain it quickly. So if the officials here in the Far East (Japan, Korea and Hong Kong) have learned the lessons of their initial blunders (and there are SOME signs that they have), it still looks like the spread outside China can be contained. But the stock market — which for all its faults, does in fact have some of the most accurate information on global risks that you could find anywhere — is contemplating the dangers of what happens if we do NOT take it seriously. The freak-out is totally justified.

  30. 45th U.S. President Trump John 8:44 the Evangelical Anti Christ Rev 13:1 the King Of the Synagogue Of Wickedness Leviticus 18:22.

  31. It's not like they signed a bill for mass global death know that's a fact prove me wrong for 1 zillion .over 51 years of lies and foolish choices when will humanity learn that they are nothing but collateral damage expendable assets .when will they seek the truth not what there told.did you know it's much worse ? Radiation is all over the world damaging plants ,wildlife,humans,the soil,trees,so much even the birds and whales warned humanity like a bird in a Cole mine but the news lies with the truth .

  32. Breitbart has already decided that the CDC is part of the Deep State because it's run by… Rod Rosenstein's sister. Jesus wept.

  33. If strumpf tells you that everything is fine.. run to the lifeboat 😱
    He will surpress the numbers of the death toll just like he do with anything that makes him look bad.
    Just to safe face.
    Pence in charge😱.. pray and lie away . A man who believes in the rapture.
    The Spanish flu killed more people worldwide than the the first ww, and antibiotics don't do a damm thing.

  34. The CCP (Chinese government) has greatly under reported the infection and death rate. The crematoriums in Wuhan were overwhelmed and running 24/7. The Chinese government media reported sending workers from other crematoriums to Wuhan, why? The criteria the Chinese government uses to identify infected patients keep changing. One Wuhan crematorium worker said that 61% of the dead were picked up from their homes and not counted as corona victims. Those saying this is just another flu need to ask themselves why build hospitals in a few days, why quarantine millions of people and why take huge nation wide economic losses ? Are the 49 portable incinerators sent to Wuhan only to burn medical waste?

  35. JESUS CHRIST IS COMING BACK SOON. HE IS THE ONLY WAY TO HEAVEN. He is the only Son of God, our creator, and he gives us eternal life when we believe in him and follow him and have faith in him. He came to earth and died on the cross to pay for our sins and was raised on the third day to go to Heaven and is seated at the right hand side of God (Yahweh). He is alive and is the Lord and Saviour of the whole world. Christ is the true Messiah and he died for us so that anyone who believes in him will have eternal life.

  36. Trump can b.s. the evangelicals, the Republican House and Senate and his MAGA sycophants. But he cannot b.s. Wall Street. The beginning of the end for his presidency.

  37. Trump spent decades secretly studying epidemiology and knows more about viruses than anyone else. Bigly! Stable genius ya know! Never mind that he can’t even spell epidemiology.

  38. God help you if you have no Medical Insurance .

    Shame on the US Government to Pander to the every need of their FRIENDS , Lobbyist, Big Pharma Medical Insurance companies and Big Corporations who put profits before people . These Politicians who prentend to represent their voters are only looking after their own self-serving interest while getting richer on their share of the profits from the above. It's the Biggest Scandal of America. This is what the rest of the Democratic world enjoy . Americans you too deserve this You are the true Hero's. Bernie Sanders is trying to enlighten your nation. Saw this on Youtube well worth looking at

    https://www.youtube.com/watch?v=j7cME3lCdwE

  39. Maddow is in a very deep hole she dug with russia, russia, russia ( she made a fool of herself) and now she is lying about the corona virus and the president . I watched the news report with the president and the cdc doctors. the president is trying to put america first .He was RIGHT to want to control our boarders .He has cracked down on baby mills from china and other abuses of our system by other foreigners .

  40. Trump always has somebody to blame for his screw ups, he's a republican coward. They should call trumps party the tuck tail and run party.

  41. At least half of Trump's voters, if not more, don't even hold stocks. 54% of Americans have none or very little. In fact, the stock market will have zero affect on Trump getting voted back into office. The people freaking out about a market drop on mostly on the coasts, and they vote for the Democrats mostly. So, like I said, Trump will be voted back into office. Also, a market crash will clear out all the buybacks and immoral behavior in the market, which is good. A pullback was in the works anyway for this reason.

  42. It's sad that we've gotten to this point of not trusting our government when it comes to something as important as a global pandemic.

  43. MSNBC where is that list of 4 states with the tests? I'm guessing NY, CA, FL and Virginia (since DC is there)???? It'd be nice for them to flash which states it is and who our states need to contact to get it.

  44. For those who truly want to know the news go to NewsMax.

    The stock market in the broadest measure Wilshire 5000 has TWICE the upward slope of Odummy's term….(measured day after election results since that is when the markets react in advance)

  45. Thanks, Rachel Maddow, and Stephanie Rühle. I posted on FB, yesterday:
    What is particularly scary about the COVID-19 situation is that our CDC is desperately understaffed, because of Trumpie and Alex Azar’s hiring freeze. That meant experts leaving the Center, whether through retirement, or transfers to other jobs, were NOT replaced. Under this “administration,” total CDC personnel has been “downsized” by a third! Particularly disquieting is that the Pandemic Emergency Response Unit is completely unstaffed! (Perhaps someone can find the recent article I saw, and put the link in a comment…)

    That helps explain the inadequacy of the testing policies. (I’m sure a whole lotta docs like me are yellin’ their heads off, behind closed doors!) Underfunding delayed and impaired development of reliable testing kits, the kits sent out last week are defective, and the CDC hopes to get functioning test kits out there “soon”! Even worse: present “policy” covers only the testing for symptomatic cases, with travel to the worst hot-spots, or close contact with other victims in their recent history! My Friends, for a virus disease with an (asymptomatic, but infectious!) incubation time of up to a month (and how many don’t even know they had contact?), that is insane! The 15-25 cases officially admitted to are ASSUREDLY under-reported, and the number of cases is most certainly spreading at high rates, while Trumpie’s Yes-Men twiddle their thumbs, and physicians despair! (Why? Because the – usual – Trumpie “Policy” is Denial. Denial. Denial. Let’s not have a panic, here!)

    [Trumpie’s Wednesday Press Conference was one of the worst collection of lies in one stinking pile that I’d seen yet!]

    https://m.facebook.com/story.php?story_fbid=229817054716104&id=100030634341073

  46. Wall Street had a correction after a record high last week. Trump is worried about the financial impact it will have on his rich donors and not the possibly thousands of not so rich people who will be medically impacted.

  47. These people that say that should be put in a room with the virus and see if they have contend it they can stay there and let us know after they feel better,

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