White House, after Wall St drop, says Trump focused on 'economic fundamentals'

By Kitco News / February 05, 2018 / www.kitco.com / Article Link

WASHINGTON, Feb 5 (Reuters) - The White House, following a steep drop in the stock market on Monday, said President Donald Trump was focused on "exceptionally strong" fundamentals in the U.S. economy.

"The President's focus is on our long-term economic fundamentals, which remain exceptionally strong, with strengthening U.S. economic growth, historically low unemployment, and increasing wages for American workers," White House spokeswoman Sarah Sanders said in a statement.

"The president's tax cuts and regulatory reforms will further enhance the U.S. economy and continue to increase prosperity for the American people," she said.


(Reporting by Jeff Mason and Steve Holland; Editing by Leslie Adler)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Recent News

Gold stocks lead the large cap miners by far over H1/25

July 07, 2025 / www.canadianminingreport.com

Gold stocks up as the metal price and equities gain

July 07, 2025 / www.canadianminingreport.com

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok