Source: RealClearPolitics
by Froma Harrop
“Trump was handed a great economy, ‘The Envy of the World,’ according to financial media. His trade war, lack of coherent economic policy and perhaps low interest in governing when cameras aren’t present have investors close to panic. The Dow Jones Industrial Average has lost more than 2,000 points since Election Day. Consumer confidence just scored its largest decline since August 2021. Americans are falling behind on car payments at the highest rate in more than 30 years. Inflation and employment numbers have gone wobbly, and the U.S. dollar is losing value. (By the way, the Russian stock market is doing splendidly as are the European bourses.)” (03/13/25)