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Trump’s erratic policies put US at risk of recession, but much of the world is prepared
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US President Donald Trump’s head-spinning back and forth on policy decisions has left consumers bewildered as well.
PHOTO: MAANSI SRIVASTAVA/NYTIMES
SINGAPORE - US President Donald Trump’s policy zigzags have brought the world’s largest economy to the brink, with markets flashing red and analysts sounding the alarm on the possibility of a recession that was unthinkable only weeks ago.
However, most markets outside of the US, including Singapore, are making the best out of the Trump-induced chaos. US stocks and its currency are in retreat, with analysts recommending investors flee Wall Street and seek opportunities in Europe and China.
