Trump warns of a ‘market crash the likes of which has not been seen before’ if he loses 2020 election – but economists are worried he’s causing a recession on his own

A closely-watched gauge of consumer sentiment fell to 97.9 at the beginning of the month from 100 in May, the University of Michigan’s consumer survey indicated Friday, compared with expectations for a reading of 99.ΒΆΒΆ”Consumers responded by lowering growth prospects for the national economy, and as a consequence, reduced the expected gains in employment,” Richard Curtin, the survey’s chief economist, said of tariffs.