In an interview that aired Sunday on Fox News, Trump sidestepped a question about whether a recession could lie ahead. “There is a period of transition because what we’re doing is very big,” he said. “What I have to do is build a strong country. You can’t really watch the stock market.”
The comments roiled stock markets on Monday. The Dow Jones Industrial Average fell 890 points, down 2.1%. The S&P 500 fell 2.7%, while the tech-heavy Nasdaq fell 4%, its largest decline since 2022. All three major indexes are now below their levels recorded on Election Day last November.
https://www.wsj.com/economy/trump-team-recession-hard-landing-c8f23d5d?st=nNuqBC&reflink=article_copyURL_share*Over-Valued Market*