White House press secretary Sarah Sanders said Tuesday the White House is "very comfortable with where we are right now" when it comes to the economy, despite the Wall Street roller coaster of the past couple of days.
The volatility followed a steep sell-off Monday in which the Dow lost 1,1754 points or 4.6 percent, erasing all of the gains of 2018.
The index is actually higher than when Trump became President in January 2017, but the fall is nonetheless the biggest single-day drop in the history of the market. The last biggest intraday point dive came on September 29, 2008, when the Dow fell 777 points.
United States tells Russian Federation to follow nuclear limits under new treaty
The new policy calls for expanding USA nuclear capabilities, with an eye on countering Russia's growing nuclear power. To the dismay of some anti-nuclear commentators, Trump called New START "a one-sided deal".
"This president and this White House are focused on long-term economic fundamentals which are strong", White House Deputy press secretary Raj Shah said on Fox Business Network.
"No question the president was involved and responsible for the increase in the stock market, but also the overall economy", Gidley said.
"The president's tax cuts and regulatory reforms will further enhance the USA economy and continue to increase prosperity for the American people", said Sanders. And he didn't allow the stock market slide to dampen his remarks.
India vs South Africa 3rd ODI, Cape Town
A much depleted Proteas team faced off against the vibrant Indians in the second match in Centurion and they were thumped. They are already trailing in the series having lost the first two games but injuries continue to haunt South Africa .
"Where were they when it was going up?"
Ryan noted how Trump specifically referenced black unemployment figures before getting around to those comments and they went back and forth on that before Huckabee Sanders moved on.
Trump boasted the rise of the stock market both on Twitter and in his recent State of the Union address.
Fiji beats South Africa 24-17 to win New Zealand Sevens
Magical Fiji edged out reigning Series champions South Africa 24-17 in a pulsating final for their leg win this season. Wales scored another two tries in the second half to just the one from Russian Federation to win 33-7 in the end.