Matthew A. Winkler, Columnist

Ranking the Trump Economy

The president brags about U.S. prosperity. But conditions improved more under his predecessors. (Even Carter.)

Doin’ OK.

Photographer: Nicholas Kamm/AFP/Getty Images
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Stock and bond markets are flashing warning signs of a U.S. recession just over the horizon, and President Donald Trump is having none of it:

Investors may be gloomy about the vanishing gap between short- and long-term U.S. Treasury yields, the dreaded yield-curve inversion that tends to forecast recessions, but the president is focusing on the bright side.