Hi, everyone. It's 4 o'clock in New York. It is without question. Donald Trump's single biggest

vulnerability right now and the greatest threat to his standing, even among his own voters and supporters.

Remember, many Americans signed up for a wholesale

disruption of the status quo and are not yet startled by the dismantling of federal agencies.

Many of them wanted to turn the tables on some of our most trusted alliances, and many approve

of more aggressive policies on immigration and deportations.

But what no one, not a single voter, signed up for, was an economy that is right now flashing red in a state of mortal danger.

Just look at how the Dow closed today, down around 700 points.

Related or not, just this afternoon, Jerome Powell, chair of the Federal Reserve,

expressed some concern today, suggesting tariffs and the uncertainty surrounding their

implementation could soon force the central bank to balance to somewhat conflicting goals,

controlling inflation and supporting economic growth. The New York Times today adds a new layer to all this, quote,

economists and policymakers are still rubbing their eyes in wonder that an American president

single-handedly threw the world into such economic turmoil and then celebrated.

Consumer and business confidence has plunged.

Uncertainty is paralyzing purchases from a new

home or car to a new factory. Investors have signaled their lack of faith in the U.S. economy by

selling off treasury bonds. That's the traditional haven when the outlook darkens. Again,

these developments aren't just a threat to the people of this

country and our nation's general sense of self and well-being. They also happen to represent

what could be the gravest threat to Donald Trump's political standing ever since he came down

the escalator. Recent polling suggests Trump is underwater on the economy.

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