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Economy @lemmy.world

News Reporter @lemmy.wtf

3d ago

White House: Stock market plunge is not as 'meaningful' as business activity

www.cnbc.com White House: Stock market plunge is not as 'meaningful' as business activity

The Trump administration contends that investments and growth from top businesses means more for the economy than the recent stock market rout.

White House: Stock market plunge is not as 'meaningful' as business activity

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Lol business activity has also come to a screeching halt
- No shit. As of about 2 1/2 weeks ago, all work in my small mountain town just flat out stopped. I've been travelling a couple hours to the beach cities in my area since rich folks don't care that there's a recession happening.

11 comments