Wall Street set to fall | Chip stocks sink | Embattled oil bounces

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Here's what you need to know this morning: Oil prices rose sharply, the results of the Florida recount, and PG&E shares surged.

 

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U.S. Stocks Open Higher After Sharp Selloff on Wall StreetThe Dow and S&P both rose as global stocks wavered following a drop on Wall Street at the start of the week amid rising anxieties about the health of global economic growth. Democrats are purposely tanking the market. 401k's taking big hit. Once China ends the trade war they started things will settle Stocks rise because major corporations are spending billions in tax relief on share buy backs not on increased wages or capital expenditures . Just another poor example of GOP trickle down economics that has never worked coupled with a huge deficit . Good work Donny SAD
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Stock market freakout: Wall Street bets the boom may be overInvestors are increasingly betting that the rapid economic and profit growth of the past year is about to come to an abrupt end. Let me guess, people will stupidly blame Trump if it does, right? No shit. No duh. You Can Hit Afterburner On The Jet For Only So Long Before You Run Out Of fuel. With no refueling tanker your SOL. The 25% corporate tax breaks 2017 put THE jet on fumes. 2 trillion national debt, Jan 2019. Donald is POTUS.
Source: CNN - 🏆 4. / 95 Read more »

Recession fears will spike when the stock market finally bottoms: Wall Street veteran Jim PaulsenHowever, the strategist also says the combination of slower growth and fear could present a buying opportunity for investors. No shit Sherlock. One of favorite “guessers” on macro! Plausen is a better guesser than most!
Source: CNBC - 🏆 12. / 72 Read more »