What's happening to the economy is very Bad for Trump

Why?

Because the market turning into the red for the year might mean that his tax cut strategy will bankrupt the nation and it might mean that the Trade War is a complete disaster (at least for U.S. stockholders and for companies here in the U.S. as well as farmers).

This will tend to make people who vote financially to shy away from Trump because the Trade War and the Tax Cut bill is collapsing the economy. This is what they will tend to think.

By reducing unemployment (that's a good thing) Trump did a good thing. But then, because of unemployment down to 3.7% it created inflation because you have to pay people more when there aren't enough workers available to work for you (this is a bad thing for the economy and a good thing for workers making more per hour with more benefits).

Then because of inflation, the FED Must increase interest rates (which is a good and a bad thing combined depending upon who you are). Good for the retired. Bad for many businesses and younger people just starting out and wanting to borrow money to buy a home or business.

So, what's presently happening to the stock market is very bad for Trump and likely will make many people vote democratic this election, especially those who don't want to lose Obamacare, Medicaid, Medicare and Social Security completely.

Because the ONLY way the government can pay for the tax Cut bill disaster now is to cut Obamacare, Medicaid, Medicare and Social Security completely. It's the only way now to avoid a potential bankruptcy of the U.S. with us all drowning in federal deficit debt from the tax cuts.

So, the only way presently to avoid a financial disaster worse than this one is to likely vote out the Tax cuts by voting out Republicans by voting Democratic. Otherwise, this financial disaster caused by the tax cut bill and Trade War will bankrupt the Federal Government and businesses completely.