President Donald Trump’s economic priority shouldn’t be preventing a recession.
Stock prices are always a bit of a roller coaster. Over the last month, it’s mostly been a downhill ride. In mid-February, the S&P 500 hit 6,144. It’s now dipped below 5,525. That’s around a 10% drop, which means the market is in correction territory. This has people talking about the dreaded “r-word.”
“Stocks Plunge as Recession Talk Gets Louder,” a recent New York Times headline read.
Fox News host Maria Bartiromo asked Trump if he expected a recession this year.
“I hate to predict things like that,” Mr. Trump responded. “There is a period of transition because what we’re doing is very big. We’re bringing wealth back to America. That’s a big thing, and there are always periods of, it takes a little time. It takes a little time, but I think it should be great for us.” […]
— Read More: pjmedia.com
