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Default U.S. stocks stumble on fears of looming recession (As predicted)

NEW YORK (Reuters) - Wall Street stumbled on Wednesday as investors fled
equities for safe-haven assets, seeking shelter amid gathering signs
that a recession could be on the horizon.

All three major U.S. indexes were sharply lower as short- and long-dated
Treasury yields inverted for the first time in 12 years, a potential
signal of imminent recession.

Elsewhere, ominous indicators suggested a faltering global economy,
hobbled by the intensifying U.S.-China trade war, Brexit jitters and
geopolitical concerns. Germany reported a contraction in second-quarter
GDP, and Chinas industrial growth in July hit a 17-year low.

https://uk.reuters.com/article/us-us...-idUKKCN1V4172
--
Bod

So much for Trump's magic US-China trade war solution.
All Trump has achieved is to exacerbate problems with the US and world
economies.
Yes, Brexit etc hasn't helped, but the stupid trade war has accomplished
nothing.

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Default U.S. stocks stumble on fears of looming recession (As predicted)

On 14/08/2019 20:11, Bod wrote:
NEW YORK (Reuters) - Wall Street stumbled on Wednesday as investors fled
equities for safe-haven assets, seeking shelter amid gathering signs
that a recession could be on the horizon.

All three major U.S. indexes were sharply lower as short- and long-dated
Treasury yields inverted for the first time in 12 years, a potential
signal of imminent recession.

Elsewhere, ominous indicators suggested a faltering global economy,
hobbled by the intensifying U.S.-China trade war, Brexit jitters and
geopolitical concerns. Germany reported a contraction in second-quarter
GDP, and Chinas industrial growth in July hit a 17-year low.

https://uk.reuters.com/article/us-us...-idUKKCN1V4172

Fox Business News confirms the prediction:


'Dow plummets more than 700 points on recession fears'

https://www.foxbusiness.com/markets/...ks-aug-14-2019

Trump has led the trumpets up the garden path.....and they swallowed it all.

--
Bod
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Default U.S. stocks stumble on fears of looming recession (As predicted)

On Wednesday, August 14, 2019 at 3:11:22 PM UTC-4, Bod wrote:
NEW YORK (Reuters) - Wall Street stumbled on Wednesday as investors fled
equities for safe-haven assets, seeking shelter amid gathering signs
that a recession could be on the horizon.

All three major U.S. indexes were sharply lower as short- and long-dated
Treasury yields inverted for the first time in 12 years, a potential
signal of imminent recession.

Elsewhere, ominous indicators suggested a faltering global economy,
hobbled by the intensifying U.S.-China trade war, Brexit jitters and
geopolitical concerns. Germany reported a contraction in second-quarter
GDP, and Chinas industrial growth in July hit a 17-year low.

https://uk.reuters.com/article/us-us...-idUKKCN1V4172
--
Bod

So much for Trump's magic US-China trade war solution.
All Trump has achieved is to exacerbate problems with the US and world
economies.
Yes, Brexit etc hasn't helped, but the stupid trade war has accomplished
nothing.


Trump has already been attacking the Federal Reserve, expect more.
And we're going to have a $1 tril deficit this year, without a recession,
the first since the disaster years following 2008. Great work, Trump
and the GOP! Tax cuts and sharply increased spending.
What will the deficit be with a recession?

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Default U.S. stocks stumble on fears of looming recession (As predicted)

In alt.home.repair, on Wed, 14 Aug 2019 20:24:55 +0100, Bod
wrote:

On 14/08/2019 20:11, Bod wrote:
NEW YORK (Reuters) - Wall Street stumbled on Wednesday as investors fled
equities for safe-haven assets, seeking shelter amid gathering signs
that a recession could be on the horizon.

All three major U.S. indexes were sharply lower as short- and long-dated
Treasury yields inverted for the first time in 12 years, a potential
signal of imminent recession.

Elsewhere, ominous indicators suggested a faltering global economy,
hobbled by the intensifying U.S.-China trade war, Brexit jitters and
geopolitical concerns. Germany reported a contraction in second-quarter
GDP, and China’s industrial growth in July hit a 17-year low.

https://uk.reuters.com/article/us-us...-idUKKCN1V4172

Fox Business News confirms the prediction:


'Dow plummets more than 700 points on recession fears'

https://www.foxbusiness.com/markets/...ks-aug-14-2019

Trump has led the trumpets up the garden path.....and they swallowed it all.


"Oh, your almighty highness, commander in chief, smarter than the
generals, master of all you survey, your tariffs are causing the stock
market to drop and the economy to recede."

How to get fired from the Rump Administration.
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Default U.S. stocks stumble on fears of looming recession (As predicted)

On 14/08/2019 20:53, trader_4 wrote:
On Wednesday, August 14, 2019 at 3:11:22 PM UTC-4, Bod wrote:
NEW YORK (Reuters) - Wall Street stumbled on Wednesday as investors fled
equities for safe-haven assets, seeking shelter amid gathering signs
that a recession could be on the horizon.

All three major U.S. indexes were sharply lower as short- and long-dated
Treasury yields inverted for the first time in 12 years, a potential
signal of imminent recession.

Elsewhere, ominous indicators suggested a faltering global economy,
hobbled by the intensifying U.S.-China trade war, Brexit jitters and
geopolitical concerns. Germany reported a contraction in second-quarter
GDP, and Chinas industrial growth in July hit a 17-year low.

https://uk.reuters.com/article/us-us...-idUKKCN1V4172
--
Bod

So much for Trump's magic US-China trade war solution.
All Trump has achieved is to exacerbate problems with the US and world
economies.
Yes, Brexit etc hasn't helped, but the stupid trade war has accomplished
nothing.


Trump has already been attacking the Federal Reserve, expect more.
And we're going to have a $1 tril deficit this year, without a recession,
the first since the disaster years following 2008. Great work, Trump
and the GOP! Tax cuts and sharply increased spending.
What will the deficit be with a recession?

Exactly.


--
Bod
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