A hedge fund consultantâs summary of private presentations by White House economic advisers fanned investor worries.
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A hedge fund consultantâs summary of private presentations by White House economic advisers fanned investor worries.

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A hedge fund consultantâs summary of private presentations by White House economic advisers fanned investor worries.
"On the afternoon of Feb. 24, President Trump declared on Twitter that the coronavirus was âvery much under controlâ in the United States, one of numerous rosy statements that he and his advisers made at the time about the worsening epidemic. He even added an observation for investors: âStock market starting to look very good to me!â But hours earlier, senior members of the presidentâs economic team, privately addressing board members of the conservative Hoover Institution, were less confident. [âŠ]
"The next day, board membersâââmany of them Republican donorsâââgot another taste of government uncertainty from Larry Kudlow, the director of the National Economic Council. Hours after he had boasted on CNBC that the virus was contained in the United States and âitâs pretty close to airtight,â Mr. Kudlow delivered a more ambiguous private message. He asserted that the virus was âcontained in the U.S., to date, but now we just donât know,â according to a document describing the sessions obtained by The New York Times.
"The document, written by a hedge fund consultant who attended the three-day gathering of Hooverâs board, was stark. âWhat struck me,â the consultant wrote, was that nearly every official he heard from raised the virus âas a point of concern, totally unprovoked.â
A hedge fund consultantâs summary of private presentations by White House economic advisers fanned investor worries.

Anya is live and ready to show you everything. Watch her strip, dance, and perform exclusive shows just for you. Interact in real-time and make your fantasies come true.
Free to watch âą No registration required âą HD streaming
A hedge fund consultantâs summary of private presentations by White House economic advisers fanned investor worries.