Blaming the “market drop” on “Saudi Arabia and Russia…arguing over the price and flow of oil” in a Monday morning tweet, the president whipsawed around and - within the same minute! - bragged that the resulting chaos was “good for the consumer,” because gas prices would go down.

Trump also blamed the “fake news,” presumably referring to coverage of the coronavirus epidemic, for the market’s downfall. The president has been doggedly attempting to stem public panic over the virus, insisting since it was first detected in the US that his administration had things under control.