That would be President Donald I am running for re-election on the stock market Trump! Whoops?
Now granted the drops due to concerns surrounding the coronavirus is worldwide and beyond his control. But certainly some of the uncertainty is tied to his totally inept handling of the issue so far and his past budget cuts to federal departments tasked with safeguarding the health of the American people.
And in general it is hard to quantify a president’s effect on the market, good or bad. But if you are going to take credit for the ride up…you better be prepared to the the blame for the slide down.