Economics

Don’t Look Now, But Things Are Getting Brighter for Trump

Fears about the economy have quieted, and impeachment hasn’t been the body blow Democrats were hoping for.

President Donald Trump speaks at the 97th Annual National Christmas Tree Lighting Ceremony
Photographer: Paul Morigi/Getty Images

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By Joshua Green

December 9, 2019 at 9:00 AM UTC

This article is for subscribers only.

This article is part of the December 16, 2019 issue of businessweek.

For a guy who’s about to be impeached, President Trump is looking like he’s in better and better shape to be reelected.

A year ago, the Federal Reserve was about to make its fourth interest rate hike. Stock markets were plummeting. Trump had just declared himself “Tariff Man,” and the Mueller Report still seemed like it might be a mortal threat to his presidency.