Business & Finance

Trump Worried About Recession and Its Repercussions

President Donald Trump has been both “anxious and apprehensive” about the possibility of a recession staring into the nation and its economy. While he has been quite bullish in his treatment of the subject, he has expressed the concern in a private talk. In fact, Trump seems to be more concerned about the impact it would have on the possibility of his re-election in the upcoming presidential election to be held in 2020.

He is understood to have been in talks with the business leaders and financial executives through the telephonic conversations. He has even been blaming the media and economists of having skewing the data, and he has been blaming them of doing this to thwart his re-election.

He has been of the opinion that the economists are all against trump and do not know anything about the real economy! White House is understood to have been making attempts to stave off recession through a series of steps. Officials, however, believe that such attempts are likely to precipitate a further crash of the economy.

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There have been clear signs of recession and a possible global economic slowdown. The treasury officials have been keeping a close watch on the bonds market. This can help them assess any further signs of economic strain.

About the author

Donna Powell

Donna is a veteran journalist who has immense experience in online journalism and creating stories. On News Bulletins, she manages to write news articles from the Business and Entertainment industry. She does a lot of social services, and help the needy. She loves doing that. She has a masters degree in English literature, and that gives her an edge while writing. Along with writing news articles, she does check every news content before putting them live. She checks each news content, and edit them to make them even more correct, and readable.


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