'The economy is grinding down' as Trump is 'shaking investors to their core': MSNBC host
3 weeks, 2 days ago

'The economy is grinding down' as Trump is 'shaking investors to their core': MSNBC host

Raw Story  

Donald Trump's decision to make good on his tariff threats aimed at Mexico, Canada and China beginning on Tuesday has not only caused a precipitous fall in the stock market, but will also have the long-term effect of crippling the economy. "I've talked about we had three bubbles: we had the fiscal bubble at $36 trillion debt that at some point is going to be a bomb that's going to wreck our economy and the world's economy if we don't take care of it," he began. "The stock market over the past month has dropped a great deal, you just look at Tesla's stock numbers over the past month and see how they've dropped. "But even if it ends up being that, Ed, it's having a detrimental impact on this economy and shaking investors and shaking consumers to their core."

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History of this topic

'Oh Joe, you're crazy!' MSNBC host runs supercut showing months of unheeded warnings
2 weeks, 2 days ago

'Oh Joe, you're crazy!' MSNBC host runs supercut showing months of unheeded warnings

Raw Story  

MSNBC's Joe Scarborough patted himself on the back Tuesday for correctly predicting that President Donald Trump would fumble the economy with "radical policies." The president inherited a humming economy from Joe Biden, but barely two months later he and his allies are seemingly preparing the public for a recession as markets shudder at uncertainty caused by Trump's tariffs and Elon …

Economic slowdown fears grip US markets, Nasdaq sinks by 4%
2 weeks, 2 days ago

Economic slowdown fears grip US markets, Nasdaq sinks by 4%

Firstpost  

US stocks plunged on Monday as fears of an economic slowdown grew after President Donald Trump did not dismiss concerns that his tariffs could trigger a recession. Reuters US stocks tumbled on Monday over growing fears of an economic slowdown after President Donald Trump did not rule out the possibility of his tariffs causing a recession. The Nasdaq dropped 4.0 …

Economic slowdown fears grip US markets, Nasdaq sinks by 4%
2 weeks, 2 days ago

Economic slowdown fears grip US markets, Nasdaq sinks by 4%

Firstpost  

US stocks plunged on Monday as fears of an economic slowdown grew after President Donald Trump did not dismiss concerns that his tariffs could trigger a recession. Reuters US stocks tumbled on Monday over growing fears of an economic slowdown after President Donald Trump did not rule out the possibility of his tariffs causing a recession. The Nasdaq dropped 4.0 …

Recession ahead? Why the US economy is on shaky ground under Trump
2 weeks, 3 days ago

Recession ahead? Why the US economy is on shaky ground under Trump

Firstpost  

The US economy is facing growing recession fears as key indicators signal trouble ahead. There’s going to be no recession in America.” Lutnick also defended Trump’s aggressive trade policies, arguing that they would ultimately benefit the US economy by “unleashing American wealth across the world.” What role do tariffs and spending cuts play? Goldman Sachs recently raised its recession probability …

Cracks are forming in America’s economy. Trump is a big reason why
2 weeks, 3 days ago

Cracks are forming in America’s economy. Trump is a big reason why

CNN  

CNN — America’s nearly five-year economic boom is starting to show its age. Tariffs — particularly the on-again, off-again nature of Trump’s dictates — are sowing confusion for businesses, consumers and investors alike, and they’re stoking concerns about inflation at a time when consumer prices have been stubbornly on the rise again. Consumer confidence in February registered its biggest monthly …

Is President Trump is driving the economy into a recession? Economists see warning signs
5 years, 9 months ago

Is President Trump is driving the economy into a recession? Economists see warning signs

Salon  

With President Donald Trump about to embark on yet another trade war — this time with Mexico — economists and financial analysts are surveying the economic landscape and are painting a frightening portrait of a coming recession as soon as 2020. According to a report at Politico, “Trump is edging to the brink of a two-front trade war in a …

The stock market is not the economy – don’t get ruffled by its fall
6 years, 11 months ago

The stock market is not the economy – don’t get ruffled by its fall

The Independent  

The best of Voices delivered to your inbox every week - from controversial columns to expert analysis Sign up for our free weekly Voices newsletter for expert opinion and columns Sign up to our free weekly Voices newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. “The stock market has smashed one …

Trump touts economy as market tanks
7 years, 1 month ago

Trump touts economy as market tanks

CNN  

CNN — President Donald Trump on Monday boasted that the economy is roaring under his presidency during remarks at an Ohio manufacturing company, linking economic gains to his policies and the tax cut legislation he signed into law. But Trump’s economy-focused, campaign-style remarks on Monday ignored the beating the stock market has taken in the last two days of trading …

Trump silent on today's record-breaking Dow drop
7 years, 1 month ago

Trump silent on today's record-breaking Dow drop

Salon  

As the Dow Jones suffered its biggest single-day drop in history, President Trump was mute on the bad economic news. Today, Monday, February 5th, the Dow Jones had its worst one-day fall ever, at least in terms of points — falling 1,175 points, from 25,338 to 23,924, and in the process shedding 4.6 percent of its total value. Since last …

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