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
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.
-
The party bringing Trump-style populism to Japan
Under The Radar Far-right party is ‘Rise of Sanseito is ‘shattering’ the belief that Japan is ‘immune’ to populism’ the belief that Japan is ‘immune’ to populism
-
Southern barbecue: This year’s top three
Feature A weekend-only restaurant, a 90-year-old pitmaster, and more
-
Film reviews: Anemone and The Smashing Machine
Feature A recluse receives an unwelcome guest and a pioneering UFC fighter battles addiction
-
Gold tops $4K per ounce, signaling financial unease
Speed Read Investors are worried about President Donald Trump’s trade war
-
The struggles of Aston Martin: burning cash not rubber
In the Spotlight The car manufacturer, famous for its association with the James Bond franchise, is ‘running out of road’
-
Why are beef prices rising? And how is politics involved?
Today's Big Question Drought, tariffs and consumer demand all play a role
-
Electronic Arts to go private in record $55B deal
speed read The video game giant is behind ‘The Sims’ and ‘Madden NFL’
-
Labor: Federal unions struggle to survive Trump
Feature Trump moves to strip union rights from federal workers
-
The AI bubble and a potential stock market crash
Today's Big Question Valuations of some AI start-ups are 'insane', says OpenAI CEO Sam Altman
-
New York court tosses Trump's $500M fraud fine
Speed Read A divided appeals court threw out a hefty penalty against President Trump for fraudulently inflating his wealth
-
Trump said to seek government stake in Intel
Speed Read The president and Intel CEO Lip-Bu Tan reportedly discussed the proposal at a recent meeting