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.
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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 »
Peter Navarro: Reports that US would restrict Chinese companies are 'fake news'White House trade advisor Peter Navarro today said reports that the U.S. is considering restrictions on Chinese companies are inaccurate. Bloomberg News reported last week that the Trump admin. is considering delisting Chinese companies from U.S. markets. Trump doesn’t know WTF he’s doing. He’s made a big mess with this trade war. Farmer & Americans are paying the price. Trump has spent $28B in farmer bailouts. All due to bad policy. Heck Obama’s auto bailout was only $12B and that was after an economic crash. Where r the repubs? So basically Bloomberg is accurate. Market is up!!! What fake news will come up with to bring it down today? cvpayne Varneyco MariaBartiromo JoeSquawk BreitbartNews mitchellvii BillOReilly
Source: CNBC - 🏆 12. / 72 Read more »