We're in a bear market. What it means for you..

https://www.axios.com/newsletters/ax...a1b091972.html



But what does it mean for politics? For starters, Trump doesn't like it, and he's looking for somebody to blame. The likely target is Jerome Powell, chairman of the Fed. Reports surfaced last week that Trump planned to fire Powell. But Trump does not have the authority to fire Powell, and Trump's minions repeatedly denied over the weekend that Trump had ever even wanted to fire Powell. I believe Trump's main concern is that the Fed's recent interest rate increases will slow the economy at exactly the time Trump is running for reelection.



What's this business about a "strong dollar"? Isn't Trump mad at China because China made the dollar too strong?