Abstract:U.S. President Joe Biden does not look at the stock market as a way to judge the strength or weakness of the U.S. economy, White House press secretary Jen Psaki said on Monday.
U.S. President Joe Biden does not look at the stock market as a way to judge the strength or weakness of the U.S. economy, White House press secretary Jen Psaki said on Monday, as markets plunged on fears of a Russian attack on Ukraine.
“Unlike his predecessor the president does not look at the stock market as a means by which to judge the economy,” Psaki said, adding the market was up 15% since Biden took office.
For more blockchain news, please download WikiBit - the Global Blockchain Regulatory Inquiry APP.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Top 5 things to watch in markets in the week ahead
The week ahead: 5 things to watch.
This week, the Italy financial regulator CONSOB issued a warning against an unlicensed broker named Broker Capitals. When we clicked on Broker Capitals' website, its logo, trade name, and design seemed familiar to us.
Berkshire Hathaway Inc said on Saturday that Vice Chairman Greg Abel, who is next in line to succeed billionaire Warren Buffett as chief executive, sold his 1% stake in the company’s Berkshire Hathaway Energy unit for $870 million.