The host of “Real Time” on HBO sarcastically mocked President Donald Trump for being a “financial genius” as the nation braces for a recession.
Comedian Bill Mayer began by noting that Trump “wants to buy Greenland and rename it New Ivanka” the president’s “two Nurenberg rallies.”
But he quickly moved to discuss the stock market turmoil.
“Trump, the financial genius, is driving the economy off a cliff,” he said.
“Make America Atlantic City Again,” should be his new slogan.
“Did you see what happened to the stock market this week? I spent more time gasping for breath than Jeffrey Epstein,” Maher added.
Peter Navarro warned Trump coronavirus could kill 500,000 Americans — back in January: NYT
President Donald Trump was warned COVID-19 could be catastrophic, according to a bombshell new report published online by The New York Times on Monday evening.
"A top White House adviser starkly warned Trump administration officials in late January that the coronavirus crisis could cost the United States trillions of dollars and put millions of Americans at risk of illness or death," the newspaper reported.
"The warning, written in a memo by Peter Navarro, President Trump’s trade adviser, is the highest-level alert known to have circulated inside the West Wing as the administration was taking its first substantive steps to confront a crisis that had already consumed China’s leaders and would go on to upend life in Europe and the United States," The Times continued.
Oil prices jump on hopes for output cut deal
Oil prices rebounded Tuesday on fresh hopes an OPEC-led meeting this week will reach an agreement to reduce oversupply and shore up the market.
Prices have fallen sharply since expectations for a quick deal to cut output levels were dashed, but the rescheduling to Thursday of a meeting of major crude producers boosted sentiment.
US benchmark West Texas Intermediate was up 3.83 percent to $27.08 a barrel in Asian morning trade.
A barrel of Brent crude, the international benchmark, was trading 2.81 percent higher at $33.98.
Prices fell to 18-year lows last week as the market wallowed in oversupply arising from a price war between Saudi Arabia and Russia, which have ramped up production.
Trump and his allies have financial ties to companies that manufacture untested drug he’s touting for COVID-19: report
President Donald Trump's fixation with hydroxychloroquine, a drug used to treat malaria and lupus, as a potential treatment for the novel coronavirus has left many medical experts, including members of his own administration, frustrated. The drug comes with severe side effects ranging from nausea and hair loss to blindness and cardiac arrest; the hoarding of the drug to test it in COVID-19 patients has resulted in autoimmune patients being denied it, and the evidence that it even helps COVID-19 patients in the first place is anecdotal at best.