What Trump Having COVID-19 Means for Markets

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Pres. Donald Trump and First Lady Melania Trump Praying
Source: First Lady Melania Trump Twitter account

President Trump and the First Lady both confirmed this past week that they contracted the COVID-19. Their diagnosis left investors with a strong sense of uncertainty.

If there is one thing the markets do not like, it’s uncertainty—about the upcoming election, the health of the economy (no pun intended), and pretty much everything else in between.

It is not out of the realm of possibility that we could see more cases close to Trump and the White House. Even those staff members who’ve tested negative since the President’s disclosure could still be diagnosed with the virus in the coming days since the incubation period is up to 14 days.

While this might seem to be the perfect twist in the TV Drama this 2020, and it might seem like we are pushing forward without any history to learn from, that’s actually not entirely true. We have seen many Presidents get sick (not necessarily from COVID-19 or even this close to an election) and worse, yet we have still managed as a country to pull through rather successfully.