CNBC analyst says Trump's stock market autograph was his 'mission accomplished' moment


Back in 2003, then-President George W. Bush stood on the aircraft carrier USS Abraham Lincoln and delivered the now-infamous "Mission Accomplished" speech, in which he announced the U.S. was at the end of major combat operations in Iraq.
Bush himself never actually said the words "mission accomplished," but a banner behind him projected the statement. Still, the point is that the prediction was wrong and the U.S. has remained in some form of combat in Iraq ever since.
Well, CNBC contributor Josh Brown thinks Trump may have had his own "mission accomplished" moment last Friday when he autographed a chart showing the stock market's major rally amid the coronavirus pandemic. Brown thinks it's "pretty much the same thing" as Bush's speech, suggesting the U.S. — and the stock market (which plunged again) — are far from out of the woods, despite the president's optimism. Tim O'Donnell
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Tim is a staff writer at The Week and has contributed to Bedford and Bowery and The New York Transatlantic. He is a graduate of Occidental College and NYU's journalism school. Tim enjoys writing about baseball, Europe, and extinct megafauna. He lives in New York City.
-
5 biting editorial cartoons about 'Alligator Alcatraz'
Cartoons Artists take on dangerous green things, historical precedent, and more
-
A journey into the deep past on beautiful Arran
The Week Recommends New Unesco Global Geopark played a 'key role' in the birth of modern geological science
-
China's London super-embassy
The Explainer The People's Republic wants to build a massive new embassy in central London, and a lot of people aren't happy about it
-
Jared and Ivanka's Albanian island
Under The Radar The deal to develop Sazan has been met with widespread opposition
-
Dollar faces historic slump as stocks hit new high
Speed Read While stocks have recovered post-Trump tariffs, the dollar has weakened more than 10% this year
-
'Tariff stacking' is creating problems for businesses
The Explainer Imports from China are the most heavily affected
-
Mortgages: The future of Fannie and Freddie
Feature Donald Trump wants to privatize two major mortgage companies, which could make mortgages more expensive
-
Economists fear US inflation data less reliable
speed read The Labor Department is collecting less data for its consumer price index due to staffing shortages
-
Pocket change: The demise of the penny
Feature The penny is being phased out as the Treasury plans to halt production by 2026
-
The UK-US trade deal: what was agreed?
In Depth Keir Starmer's calm handling of Donald Trump paid off, but deal remains more of a 'damage limitation exercise' than 'an unbridled triumph'
-
Crypto firm Coinbase hacked, faces SEC scrutiny
Speed Read The Securities and Exchange Commission has also been investigating whether Coinbase misstated its user numbers in past disclosures