White House To Hold Emergency Press Conference On Market Plunge It would seem that the fastest collapse in stocks from record highs into correction since The Great Depression is enough to warrant an emergency White House press conference (and general gathering of the Plunge Protection Team). Bloomberg’s Josh Wingrove reports an unscheduled event... The White House press pool is being called for an unscheduled event in the West Wing, per https://twitter.com/JenniferJJacobs?ref_src=twsrc%5Etfw!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?'http':'https';if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+"://platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs");. Looks like Trump wants to talk after markets got hammered again today. — Josh Wingrove (@josh_wingrove) https://twitter.com/josh_wingrove/status/1233147552104681473?ref_src=twsrc%5Etfw!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?'http':'https';if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+"://platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs"); We are sure Trump will desperately jawbone how great everything is and if it's not, it is Bernie Sanders fault or China's faults. It seems there may not be a live feed for this meeting with reporters. Is it time for Mnuchin to make that call to the big banks? Or, maybe President Trump should listen to Mohamed El-Erian: "we've gone too far." "I don't think this is a panic...this is a recognition that we have gone too far in terms of liquidity risk and credit risk, and that economic fundamentals have deteriorated," says https://twitter.com/elerianm?ref_src=twsrc%5Etfw!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?'http':'https';if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+"://platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs");. pic.twitter.com/BWsubMxwIh — CNBC's Closing Bell (@CNBCClosingBell) https://twitter.com/CNBCClosingBell/status/1233149018550784000?ref_src=twsrc%5Etfw!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?'http':'https';if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+"://platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs"); As @QTRResearch noted very succinctly: "The more Trump panics about the market; The more Trump will panic the market" Tyler Durden Thu, 02/27/2020 - 16:58