Trump was elected largely because Americans thought the economy was lousy and believed him when he said he’d fix it.
Now, seven weeks after his inauguration, the bottom is falling out. Stocks are plunging. Treasury yields are falling. Consumer confidence is dropping. Inflation is picking up.
You can't take a battering ram to every major institution in America and expect the economy to do well.
Will the Trump slump turn into a recession? How will Trump lie and cheat his way out of it? Stay tuned.