Experts Have Bad News For Democrats Hoping For 2020 Recession To Topple Trump


One of the factors deeply worrying many Democratic politicos ahead of the rapidly approaching 2020 election is the obstinately booming economy under President Trump. Amid an increasingly lengthy string of excellent jobs reports, however, we’ve repeatedly heard rumblings of an impending “recession” just around the corner. Probably. Maybe.

Back in September, CNBC provided a helpful “list of recession signals that are flashing red” amid an alleged “dramatic spike” in fears of an economic downturn:

Google searches show recession fears have spiked dramatically since the end of July, when the Federal Reserve cut interest rates for the first time since the financial crisis. Data is coming at investors from every angle with so-called recession indicators flashing signs of an economic slowdown brought on by slower growth abroad and the U.S.-China trade war. A slowing global economy is pressuring central banks abroad to lower borrowing rates at unprecedented levels and a tit-for-tat tariff war between Washington and Beijing is weighing

Continue reading

You Might Like

Like it? Share with your friends!