Ed Dowd Issues Dire Economic Warning

Former Money Manager Issues Dire Economic Warning. Ed Dowd: The worst manipulation & fraud in gov't statistics in my entire career.
“Right now, the average person feels like they’re in a recession because the REAL economy IS in a recession.” Former asset manager Edward Dowd drives this point home, highlighting that real wage growth is at negative 2%.
Trump has inherited a “turd of an economy,” and when things “roll over,” he’ll be the one blamed for it.

This dire news comes from COVID vaccine data analyst and former BlackRock asset manager Edward Dowd.

Dowd predicts things could “unravel anytime between now and March.” And if the incoming Trump administration doesn’t “get out in front of the narrative,” then they are “going to get blamed for what is coming.”

According to Dowd, America should have already entered a recession by “the second half of 2023.” However, “The government went on a spending spree… which gave the economy a bit more life.”

“The real economy (not the stock market) has been rolling over,” Dowd lamented, “and we’re just waiting for the financial markets to figure this out. They will. And when they do, unfortunately, Trump will inherit turd of a financial market crisis.”
What this means in simple terms is that people have 2% LESS buying power through their wages than they did just a year ago.
This economic reality paved the way for Trump's victory because no matter how much Americans were gaslit into believing the economy was "good," they could feel the harsh truth in their wallets.

With respect to the economy, Dowd predicts hard times ahead. He says things could unravel any time “between now and March.”

“By then, the financial markets will have to wake up to the reality the average person is already feeling. I’ve never seen such manipulation and fraud in government statistics in my entire career,” he said.