Global stock markets rose this morning on positive news regarding U.S. President Donald Trump’s health after he contracted the coronavirus.
Trump’s doctor said the president’s blood oxygen level dropped twice, and that they gave him a steroid typically recommended for the seriously ill. It was said that his health is improving and he could be released from the hospital as early as today.
Investor optimism also rose on the idea that Washington could deliver more support for the U.S. economy. House Speaker Nancy Pelosi said a larger economic stimulus package might be on the way and that airline aid is a must.
Both would be really bullish, and stocks are already starting to reflect that…
In today’s video, I have more on how Trump’s health impacts the stock market… the biggest market moving news this week… which index to pay close attention to… and one industry showing remarkable strength right now.