Threats of a recession sent the Dow plummeting down 800 points on Wednesday prompting the hastag #TrumpRecession to trend on social media. From Newsweek:
The Treasury bond yield curve — a key predictor of every major downturn over the past five decades — inverted on Wednesday for the first time since the 2008 financial crisis, with the Dow Jones Industrial Average plummeting 3 percent or 800 points.
Commentators, lawmakers and citizens attributed the diving stock market to the president's economic policies and trade war with China, sending the hashtag #TrumpRecession to the top trending spot on Twitter. In recent days, economic forecasters have also blamed the trade war for contributing to rising fears of a recession. [
Roland spoke with Dr. Julianne Malveaux, economist and former president of Bennett College about increasing economic fears that sent the market tumbling.
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