TRUMP’S RECORD: Stock Market Saw a Record-Breaking Low Start While Manufacturing Plumments Arrow

Donald Trump promised Americans a new "golden age," but instead, the U.S. stock market just hit the second-worst start to a year in a century, while one in four Americans are cancelling plans to make a major purchase. The numbers speak for themselves: Trump and his billionaire Cabinet literally "broke" U.S. manufacturing and production orders in the Mid-Atlantic region plummeted to the "lowest reading since April 2020." As Trump continues to cause "pain" for millions of Americans, economists are sounding the alarm on a "Trump recession."

Here's a look at how Trump's chaotic economic agenda is hurting American families:

Mike Zaccardi, CFA, CMT: "US stock market second-worst start to a year this century"

Redfin News: "Nearly one in four U.S. residents are canceling plans to make a major purchase, such as buying a home or car, because of President Trump's tariff policies, according to a Redfin survey.

"55% of respondents are less likely to make a major purchase this year, including 39% who are 'much less likely.' …

"President Trump announced a series of tariff policies in April, including 10% baseline tariffs on all countries and 145% tariffs on China. While even higher tariffs have been paused, the policies have caused volatility in the stock market, and economists are voicing fears they could lead to a significant economic downturn by driving up prices, pushing down consumer confidence and upping the odds of a recession."

Derek Thompson, The Atlantic: "We took a growing US manufacturing economy, declared it broken, started a trade war, and … broke US manufacturing.

"In last 48 hours:

- Philly Fed Survey: "New orders fell sharply, from 8.7 in March to -34.2, its lowest reading since April 2020"

- NY Fed Survey: Expected orders and shipments plunging

"Again, this is a policy to revive US manufacturing."