Economics
Trump’s Re-Election Prospects Are Threatened by Economic Misery
- Historically, late-term recessions signal loss for incumbent
- Gains in stocks, home prices continue to favor Trump
Donald Trump
Photographer: Al Drago/BloombergThis article is for subscribers only.
The misery spreading through the U.S. economy is posing a significant threat to President Donald Trump’s re-election in November.
The Misery Index, the unemployment rate added to the year-over-year change in the main consumer price index, is expected to be at a record high in November, based on calculations by Bloomberg Economics.