A self-fulfilling prophecy is one in which a prediction causes its own realization. Investors, consumers and business leaders today are highly concerned about the economic and stock market outlook, mostly because of the trade war and disruptive trade policy of the Administration. There is risk that perception could become reality, and that slipping sentiment could prove to be a self-fulfilling prophecy, leading to economic and stock market decline. In fact, there is some evidence of economic impact already.
The latest readings of consumer confidence, investor sentiment and CEO optimism were generally negative. The disturbing data