The message we’re getting from stock and bond markets deserves your attention. 

Recall that Trump was elected largely because Americans thought the economy was lousy and believed him when he said he’d fix it. 

Now, seven weeks after his inauguration, the bottom is falling out. Stocks are plunging. Treasury yields are falling. Consumer confidence is dropping. Inflation is picking up. 

Over the weekend, Trump refused to rule out a recession this year, telling Fox News there will be a “period of transition, because what we’re doing is very big.” 

Well, yes, if “very big” means........

© Eurasia Review