Trump has inherited a “turd of an economy,” they expect to crash it on Trump

Trump has inherited a “turd of an economy,” and when things “roll over,” he’ll be the one blamed for it.

This dire news comes from COVID vaccine data analyst and former BlackRock asset manager Ed Dowd.

Dowd predicts things could “unravel anytime between now and March.” And if the incoming Trump administration doesn’t “get out in front of the narrative,” then they are “going to get blamed for what is coming.”

According to Dowd, America should have already entered a recession by “the second half of 2023.” However, “The government went on a spending spree... which gave the economy a bit more life.”

“The real economy (not the stock market) has been rolling over,” Dowd lamented, “and we’re just waiting for the financial markets to figure this out. They will. And when they do, unfortunately, Trump will inherit turd of a financial market crisis.”

Dowd added that he has insights into “some interesting indicators” that suggest the economy has “nowhere to go but the other direction [down].”

Although the short-term economic future looks grim, Dowd mentioned some “good news.” And the good news is that Trump is the incoming president. Under Trump’s leadership, Dowd believes, the looming financial mess can be dealt with much better than if Harris won the office.

“Now, the good news is that Trump is in office, and his policies will be far better than under the Biden administration. If Harris had won, I’d be far gloomier. There will be pain, but I believe it can be mitigated somewhat,”
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