Commerce Department

Donald Trump Economy Boasts Hollow; Signals Point to Recession This Year

Donald Trump has one thing going for him amid all his troubles, he inherited President Obama’s fairly robust economy. He’s boasted about both the stock market and the latest jobs report, claiming credit for both. But a number of significant signals point to a recession later this year, possibly as early as the second quarter. The evidence has been mounting for sometime now, despite the stock market’s historic run up . The latest data, released today does nothing to dim the prospects of a downturn.... Read More...