Will the coronavirus cost Trump the presidency?

Wednesday, when Donald Trump addressed the American people, it was clear for everyone that he had no clue and no control.

The financial market reacted promptly and with no mercy. While the intention, no doubt, was to encourage and invigorate the people and the economy, the effect was the exact opposite. The market took a steep nosedive while Donald Trump spoke. The next day the stock exchange had to close due to the extreme drop (more than 7%). This tells us that the market has no confidence in Donald Trump’s ability to manage this current crisis.