The Economy Is Becoming a Storm Cloud for Trump

[DonViejo]

December 18, 2018 at 8:42 am EST By Taegan Goddard 58 Comments

First Read: “These numbers from our recent NBC/WSJ poll should be getting more attention: The percentage of Americans believing the economy will get worse in the next 12 months is at its highest point since 2013. Overall, 28% say the economy will get better in the next year, 33% think it will get worse and 37% believe it will stay the same.”

“Those numbers were essentially reversed last January: 35% said the economy would get better, 20% said it would get worse and 43% said it would stay the same.”

Associated Press: “The Dow Jones Industrial Average fell again Monday, the latest dip in the roller coaster markets amid the strain of Trump’s trade war, rising interest rates and worries about a slowing global economy.”

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https://politicalwire.com/2018/12/18/the-economy-is-becoming-a-storm-cloud-for-trump/

[Hugin]

1. The last vestiges of the Obama economy are gone.

This is ALL Trump's doing from here on out.

[C_U_L8R]

2. He thought he could fake it until he'd make it.

But it seems he's going flop just like he has so many times before.

[Wellstone ruled]

3. Since October

a pattern has developed. We are seeing what is called a "dead cat " bounce every Tuesday with a sell off on Wednesday. And these gyrations only intensify the last week of the month.

[CrispyQ]

4. I read yesterday that the right wing is saying that the economy is starting to tank

because the dems are about to control the House. Cult 45 will believe that.