Donald Trump : Ebola Could Infect Stocks
The Ebola outbreak could cause further declines in the stock market, business titan Donald Trump, founder and CEO of Trump Corp., tells Newsmax TV.
The S&P 500 index has dropped 7.8 percent from its Sept. 19 record high.
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“It [the Ebola crisis] could be bad for the market, there’s no question about it,” Trump said on the “Steve Malzberg Show” on Newsmax TV. “It’s been very interesting the last week and a half, and it could certainly be a very bad thing for the market.”
Trump is very critical of the Obama administration for not banning flights from Western Africa.
“We have people in charge of our country who make so many mistakes and such simple mistakes and things of common sense—so many different things,” he said.
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Trump is none too enthusiastic about Obamacare either. It’s a “disaster, which by the way, will destroy our country,” he said.
“Obamacare doesn’t really kick in big-league until 2016. That’s when you’ll really see the effects, and the effects are already tremendous. So when we have the kind of mistakes and the kind of leadership that we have, you would almost think it [the stock market] has to go down.”
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By Dan Weil
SOURCE : www.newsmax.com