Private briefings from two senior White House aides to a conservative institution at the outset of the coronavirus outbreak led investors to short the stock market and even load up on toilet paper, according to a published report.
That led William Callanan, a Hoover board member, to write a memo to David Tepper, the founder of the hedge-fund firm Appaloosa Management, and a Tepper aide, the report said. Callanan allegedly wrote that he found it striking that they both mentioned these concerns, unprovoked. The email was circulated to other Appaloosa employees, who discussed the memo with other investors. The report said the memo helped convince investors to short the stock market.
“We have contained this. I won’t say [it’s] airtight, but it’s pretty close to airtight,” Kudlow said on CNBC.
Anybody surprised?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Pelosi Says Democrats Still Won’t Accept $1.8 Trillion White House Stimulus Offer“That isn’t what we’re going to do,” the House Speaker told CNN. I agree, hold firm with BIG like Trump requested. 🙏🏾 She’s the worst!
Source: Forbes - 🏆 394. / 53 Read more »
Why doctors doubt White House MD's claim on Trump Covid-19 statusDr. Nahid Bhadelia says WH physician statement on Pres. Trump's Covid-19 status is 'a political letter' seeking to explain why 'it's okay for the president to now leave public health isolation and go on to hosting these future super-spreader events.' He needs to be stopped. Trump doesn't care about anyone except himself. TrumpCovid19 Sad Trump’s Superspreader American Conjob Success Farewell Tour©️
Source: MSNBC - 🏆 469. / 51 Read more »
How the White House will be won: The 8 states that will decide the electionPOLITICO has identified eight states as critical battlegrounds that will decide the 2020 election. Here's a closer look at each of them: Why wasn't Wyoming included, I feel cheated. Not Ohio? What, no Ohio?
Source: politico - 🏆 381. / 59 Read more »
McConnell sets Senate vote on coronavirus aid, Pelosi spurns White House bidSenate Majority Leader Mitch McConnell said on Tuesday the Republican-led U.S. Senate would vote next week on a targeted, $500 billion coronavirus economic aid bill of the type Democrats already have rejected as they hold out for trillions in relief. good Blah. It’s time to shut up Mitch. Targeted is apparently a synonym for emaciated, laughable, and fig leaf-like now
Source: Reuters - 🏆 2. / 97 Read more »
Watch: Treasury Secretary Mnuchin speaks as White House, Democrats try to strike stimulus dealSteven Mnuchin speaks at the Milken Institute Global Conference as he tries to strike a coronavirus stimulus deal with Nancy Pelosi. SWATMUSTENDNOW CNBC pumping machine: ON This is most outrageous shortcoming and the first of its kind U.S Gov knowing fully persecution citizens of Southern Cameroons fleeing Cameroun willfully deported realDonaldTrump JoeBiden RepKarenBass DHSgov SecPompeo AsstSecStateAF WhiteHouse
Source: CNBC - 🏆 12. / 72 Read more »
White House Embraces Declaration from Scientists that Relies on 'Herd Immunity'The White House has embraced a declaration by a group of scientists arguing that authorities should allow the coronavirus to spread among young healthy people while protecting the elderly and the vulnerable -- an approach that would rely on arriving at "herd immunity" through infections rather Trump still wants more people to die!! Follow the science.🤷♂️ Well WH can call it herd immunity. It's still genocide when the people didn't have choice in participating or dieing. It's an imposed genocide.
Source: YahooNews - 🏆 380. / 59 Read more »