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recession. as well as trump s trade policy with china. beijing this morning threatening new retaliation to u.s. tariffs. still, the president insists china is not to blame for the economic roller coaster here at home. instead he is blaming the federal reserve and the man he appointed to lead it, jerome powell. our team of reporters and analysts are all standing by. let s start with msnbc correspondent ali velshi at the new york stock exchange at this hour. kristen welker is with the president in new jersey. ali, let me cross over to you. first what is triggering this toggling back and forth and wla what it means tofor people, their 401(k)s this morning. yesterday we had the fourth worst point drop in the history of the dow, the worst percentage drop for the year on these fears about a signal that there might be a recession coming. that particular signal has changed today, but that s really not the broader issue. the broader issue here is concern about this ongoing trade w
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