.MTPFirstRead: Choppy economic waters complicate 2020 picture for Pres. Trump.
WASHINGTON — We stand by whatBut that advantage disappears if the economy goes south.
And that might be the biggest news over the last 24 hours: The state of the U.S. economy feels a lot more fragile than the traditional indicators suggest .“Shares on Wall Street were off sharply. ... The S&P 500 was down 2.9 percent.
Can you promise to get tough on China and oppose free-trade agreements when it appears that those strategies have backfired? Or do you take a more pro-free trade approach, which is contrary to where the left and organized labor are on the issue?Have to assume Trump is freaking out because neither he nor the Fed identifiably caused today’s stock drop and it’s unclear his usual tools will do anything about it.The negative economic news is the backdrop to tonight’s Trump rally in Manchester, N.H. at 7:00 pm ET.
“The state, which he lost by about 2,700 votes in 2016, is doing well economically, at least when using broad measures,” per“But beneath the top-line data are clear signs that the prosperity is being unevenly shared, and when the tumult of the Trump presidency is added to the mix, the state’s flinty voters may not be receptive to his appeals.”for the economic jitters – because it raised interest rates and then didn’t lower them enough.
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