NEW YORK (Reuters) – U.S. President Donald Trump may give himself credit for the performance of the U.S. stock market during his term, but only around a third of Americans agree, according to a Reuters poll.
Trump has repeatedly highlighted on Twitter and to reporters the stock market’s stunning run-up, making it part of his case for re-election this November. The benchmark S&P 500, which cratered in February and March when coronavirus hit the U.S. economy, has squeaked into positive territory for the year to date and is trading less than 5% below its record intra-day high, hit on Feb. 19.
“I was honored to see that the stock market… set a record in a short period of time,” Trump said in March, before the coronavirus pandemic fully hit the U.S. economy. Read more…
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On this episode of Global National: Brothers Marc and Craig Kielburger, who founded WE Charity, spent four hours testifying before the Canadian House of Commons finance committee. The pair defended the organization’s role in the federal government’s now-cancelled contract to run a student grants program. Abigail Bimman looks at the heated four-hour testimony, and what questions remain unanswered.