DARK CLOUDS MAKE FED’S SEARCH FOR A SOFT LANDING DIFFICULT, TREASURY SECRETARY SAYS TARIFF INFLATION IS TRANSITORY AND A RECESSION GOOD FOR US
The Economy Wilts
Welcome to Donald Trump’s America. The economy is slowing to a crawl. Inflation is rising at an increased rate. Consumer sentiment is lower than it has been since the pandemic. The deficit is rising. The dollar is falling, a long-time goal of the J.D. Vance MAGAmaniac wing of the Republican Party. Share prices are below where they were …