21st Century Herbert Hoover

"Every Republican president for 112 years has overseen a recession When Trump was inaugurated four weeks ago, he took over an incredibly resilient economy. Despite the longest yield-curve inversion in history and the first meaningful decline in U.S. M2 money supply since the Great Depression -- two indicators that would typically foreshadow a recession -- the U.S. economy has continued to chug along.<



Although Trump's sweeping proposal to further reduce the corporate income tax for businesses manufacturing their goods domestically may be a positive for the stock market and U.S. economy, it's hard to overlook the correlation between recessions and Republican presidents."