Recession may be the only thing that can save Trump

DONALD Trump is sliding in the latest polls against his Democratic challenger Kamala Harris, and the only thing that can save him as the election looms large might be the arrival of a recession.

Stock markets worldwide were hammered last week by fears that the Federal Reserve was changing its monetary policy too late to avert a major recession in the world’s largest economy.

Consumer-oriented companies such as Airbnb and McDonald’s have corroborated worrying signs in the latest labour market data, warning that demand for their services is dwindling in the US.