Tags: Coronavirus | Donald Trump | Trump With Coronavirus | stuart varney | positive test | melania trump | economy

Stuart Varney: Trump COVID-19 Could Make Americans Cautious

varney in a suit and pink tie
Stuart Varney (Astrid Stawiarz/Getty Images)

By    |   Friday, 02 October 2020 08:29 AM

President Donald Trump's positive coronavirus test could send a message to Americans that they should be more cautious about the disease, Fox Business' Stuart Varney said Friday. 

"I think the immediate reaction on many people's part will be, 'My goodness, if the president of the United States can get it, maybe I can, too,'" Varney said on Fox News' "Fox and Friends." "'I'm going to be more cautious. I'm going to wear a mask more often and not so keen on opening up the economy and going out to restaurants and bars again.'"

Trump announced early Friday morning that he and first lady Melania Trump had both tested positive for coronavirus. On Thursday, the White House said senior advisor Hope Hicks' test had returned positive. 

Meanwhile, U.S. stock futures fell and European shares opened lower on the news about the president, although they did recover some losses in early London trading, and Varney said that's what one would expect. 

"The betting markets have already suggested right after this news broke that there’s a greater chance of a [Democrat nominee Joe] Biden win," said Varney. 

Meanwhile, if the president's diagnosis changes public opinion and makes officials more reluctant to reopen the economy, there will be a greater economic impact, he said. 

"If that happens, you’ve got a greater economic impact from the virus, a slowing economic recovery," said Varney. "[That's] not good at all. So your money depends on various factors which at this moment are unknown."

However, if the president recovers quickly, "that will mitigate the downside loss on Wall Street and our concern about the virus," said Varney. 

© 2020 Newsmax. All rights reserved.


   
1Like our page
2Share
US
President Donald Trump's positive coronavirus test could send a message to Americans that they should be more cautious about the disease, Fox Business' Stuart Varney said Friday. "I think the immediate reaction on many people's part will be, 'My goodness, if the president...
stuart varney, positive test, melania trump, economy
269
2020-29-02
Friday, 02 October 2020 08:29 AM
Newsmax Media, Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved