News Summary

• University of Michigan economist Justin Wolfers argued in his Platypus Economics newsletter on Friday that the problem is the people steering the economy.
• Americans are looking ahead and "don't trust who's steering," he wrote.
• He added that once in a generation the country gets a president "perceived as a chaos monkey" Wolfers did not name President Donald Trump.
• But he tied the sharpest drop in confidence to the past year and a half, a stretch that overlaps with Trump's return to the White House.