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"Reports are now showing consumer confidence has plummeted to its lowest level in 12 years, the markets are currently tanking, analysts have downgraded predictions for stocks, core inflation is rising, GDP projections have been sliced in half or are now negative, unemployment is expected to increase, and some major corporations are projecting sales decreases."
~ David Badash
#Trump #inflation #recession #economy #tariffs #TaxCuts #StockMarket #Dow
/1
@wdlindsy@toad.social"Barely more than two months into Trump’s second term, economic experts are issuing warnings.
'This is one of the scariest charts I’ve seen in awhile,' declared The Washington Post’s economic columnist Heather Long, pointing to a chart showing the 'Expected Change in Financial Situation in a Year.'”
#Trump #inflation #recession #economy #tariffs #TaxCuts #StockMarket #Dow
/2
"President Donald Trump's foolish and chaotic economic policy is paralyzing the economy and causing consumer sentiment to plummet—ratcheting up the odds that the United States descends into a full-blown recession, experts said Friday."
~ Emily Singer
#Trump #inflation #recession #economy #tariffs #TaxCuts #StockMarket #Dow
/3
"U.S. consumer confidence continued its sharp 2025 decline as Americans’ views about their financial futures slumped to a 12-year low, driven by rising anxiety over tariffs and inflation."
~ Matt Ott
#Trump #inflation #recession #economy #tariffs #TaxCuts #StockMarket #Dow
/4
https://apnews.com/article/consumer-confidence-economy-inflation-bd6ece8784efff205e2ab922bcb86958
“'Another wipeout walloped Wall Street Friday,' Stan Choe of the Associated Press wrote today. The S&P 500 had one of its worst days in two years, dropping 2%. The Dow Jones Industrial Average fell 715 points, losing 1.7% of its value. The Nasdaq Composite fell 2.7%."
~ Heather Cox Richardson
#Trump #inflation #recession #economy #tariffs #TaxCuts #StockMarket #Dow
/5
"On Tuesday, news dropped that the administration’s blanket firings and wildly shifting tariff policies have dropped consumer confidence to a low it has not hit since January 2021. Today’s stock market tumble started after the Commerce Department released data showing that consumer prices are rising faster than economists expected."
#Trump #inflation #recession #economy #tariffs #TaxCuts #StockMarket #Dow
/6
"Stocks ended the week with steep losses after new federal data showed prices rising faster than expected, reigniting inflation fears on Wall Street.
The Dow Jones Industrial Average lost more than 715 points on the day, falling 1.7 percent. The Nasdaq composite lost 2.7 percent and the S&P 500 index fell 2 percent."
~ Sylvan Lane
#Trump #inflation #recession #economy #tariffs #TaxCuts #StockMarket #Dow
/7
https://thehill.com/business/5219986-stocks-slide-federal-data-inflation/
"Yesterday I shared the Atlanta Fed’s GDPNow estimate of 1st quarter GDP falling almost 6 points in the last two months due to Trump’s reckless economic policies. Well shortly after publishing yesterday the estimate was updated, and it dropped another full point. This important measure that US financial markets pay close attention to has now dropped almost 7 points under Trump!"
~ Simon Rosenberg
#Trump #inflation #recession #economy #tariffs #TaxCuts #StockMarket
/8
https://www.hopiumchronicles.com/p/trumps-madness-is-tanking-the-economy
@wdlindsy What a shocker! Elect a convicted felon as President, one who has an IQ in the low single digits and what a surpise, he screws up and makes stupid decisions!
