US President Trump: No stimulus until after election day

Markets turned red after US President Donald Trump instructed lawmakers to hold off on stimulus negotiations until after election day. This comes as a surprise, as many economists and investors were hopeful that some sort of deal would be made this week. Meanwhile, US Federal Reserve Chairman Jerome Powell sent the opposite message, saying that the US faces even more risks by doing too little. Boom Bust co-host Christy Ai and market analyst Chris Vermeulen discuss the likely impact on the economy.