The American stock market resumed growth after its fall. It proved one more time its abilities to recover. Now it falls and some people benefit from it and then it grows and it is always good news to investors. Generally speaking, this market is a kind of a really dynamic scene. It is obvious that the White House keeps track of all events happening there. The Presidential Administration does not keep silence in periods of recession, but voices its attitude to what is happening, like the country's leadership is supposed to do.
This time, the general position of the government was expressed by Larry Kudlow, the Chief Economic Adviser to the President of the United States, saying that the US authorities consider this decline as a normal market correction. Later it was confirmed by Donald Trump himself. He stressed that the correction was not only within the normal range, but also “quite expected”, that is why the state of affairs should not be a cause for concern. In other words, there is no reason for panic. Moreover, these words can be confirmed not by only promises, but by the official data on the state of the American economy, according to which it could be safely concluded that it remains in an excellent form.
