INSUBCONTINENT EXCLUSIVE:
(Bloomberg) --President Donald Trump, gearing up for the official start of his 2020 campaign, warned that the United States would face an
fear of a market meltdown
has been middling compared with his predecessors, and trails the gains made under Democrats Barack Obama and Bill Clinton
Bush had presided over a losing market at this point in his first term.
The benchmark S-P 500 index made a record high in early May before
The more narrow DJIA, whose performance Trump likes to reference, last peaked more than eight months ago, on Oct
passage of a Republican tax bill
2007-2009.
As Trump kicks off his re-election campaign, the chances of a recession starting in the United States within the next year have
risen to 30% from 25% a month ago, according to a June 7-12 survey of economists conducted by Bloomberg News
The irising United States budget deficit and national debt have also raised alarm bells.
