Americans’ confidence in the economy is fragile, with a majority of voters expressing concern — a potential vulnerability for President Trump if the current economic slowdown worsens before next year’s election.
The stock market tumbled last week after bond prices flashed a signal that has historically been a predictor of recessions. Stocks later rebounded, but that episode, combined with other data suggesting an economic slowdown, has contributed to increasingly dour forecasts from many economists.
But even before last week’s swings, voters were expressing doubts about the state of the national economy, according to polling conducted by the online research firm SurveyMonkey for The New York Times earlier this month. CONT.
Ben Casselman & Jim Tankersley, New York Times