Economist: Despite 'Trump bump,' signs of possible recession increasing...

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Robert Spendlove, senior vice president and economic and public policy officer for Zions Bank, is discussing the current state of the economy at today’s Associated Taxpayers of Idaho conference, and took note of the “Trump bump” in the stock market. “It’s not because the markets love Donald Trump. They don’t love him, they don’t hate him, they don’t care,” he said. “Markets respond to expectations.” No one expected Trump to be elected, he said, so markets expected an economic agenda more like that of the previous administration. Instead, the nation is seeing an administration focused on economic growth. That’s spurred a spike in consumer confidence. “Ignore the craziness in the Trump agenda, ignore the wall, ignore standing at NFL games, ignore...

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