and value stocks to investors looking to stay afloat — didn't see much reprieve ahead for even domestic companies.
Worse yet, what many investors see as a "Fed put" — the ability of the Fed to cushion markets with monetary policy should they see a sustained decline — isn't as certain as they may think, Boockvar said.
This has been obvious for months. How could the US economy grow while the rest of the World has been shrinking. It’s the Service Sector that’s been keeping our economy afloat. It’s a Brave New World with China becoming the dominant player.
TRUMP SLUMP APPROACHING!!!
Scare campaigns by CNBC
Economies that Trump celebrates having trouble - particularly ex-allies. He loves to say they’re doing terribly -though also loves to say he can’t wait to make NK rich.
So, what types of industries will this help? Oil?
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Source: CNBC - 🏆 12. / 72 Read more »
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Source: CNBC - 🏆 12. / 72 Read more »