The news from the world's largest economy is not good. In two months, more than 36 million Americans were unemployed. And this bad news is driving the global stock markets down…

It is now a certainty: contrary to Donald Trump's hopes, there will be no rebound in the American economy before the presidential election in November. He himself admits this by promising a fantastic recovery for 2021. But in the meantime, this breakdown has devastating consequences: each week, the number of unemployed increases by 3 million! I mean every week. We are, as you said, over 36 million since the start of the Covid crisis. Within a month, according to the US central bank, 25% of the population should be unemployed, with which is reduced coverage.

How can Trump cope?

He's in a trap. Today, the Democrats will present a new plan to support the economy. Two days ago, the head of the central bank himself said that more aid was needed. But the Republicans who control the Senate don't want it. Trump is accused on the one hand of not having taken measures to rise to the crisis. The surge in unemployment seems to prove his opponents right. But he refuses to correct the situation because part of his majority does not want to hear about an additional increase in public spending. It is this impasse that explains the relapse of the stock markets. Another bad news for Donald Trump who made the Dow Jones the benchmark of his economic policy.