U.S. stocks slumped and Treasury markets sent a new recession signal Wednesday after weak German and Chinese economic data stoked fears of an impending global slowdown.
The Dow Jones Industrial Average dropped about 600 points, or 2.2%, in morning trading, while the yield on the U.S. 30-year Treasury bond fell to a record low.
Whats next? Xi not supporting t-bill debt, sits on auction sidelines. China’s move.
Please don’t tell me you’re surprised…
I'm trying to figure out why people keep voting to give rich people tax cuts?
We will have the best economy.
davidfrum Hey every body!! Guess what time it is!?!?! You guessed it. It’s REPUBLICAN POLICY RECESSION TIME!!!! Democrats in office, economy goes up. Republicans get in power and claim credit. Then their policies take the economy back down and they blame it on the left
Fire Peter Navarro NOW! End the trade war. Germany is in recession, China is crumbling and taking our earnings with them. Balance the budget. Borrow and spend Republicans are killing the economy like they did in 1929, 1974, 1982, 1990, 2008.
Everything Trump Touches Dives? TheRickWilson
davidfrum Oh but Pence, Gaetz, Cornyn came out just today to thank trump for doing such a great job. Oh yes he is going to bankrupt America, and he has not even paid for the inauguration, where did ALL that money go?
cleo_peterson Trump and his greedy sycophants own this. How smart was the TaxScam? This is not just about China.
So much winning!
Where are all the trump supporters now?
And Trump blames the Fed, fake news media, the Dems, the Clinton and Obama. Huge tax break for the wealthy, tariffs, decreasing consumer confidence, global markets diminished, and incompetent leadership are really to blame.
This is on realDonaldTrump and GOP
This is what happen when you hire a CNBC talking head Kudlow and a professor from 3rd tier college Irvine university Peter Navarro as economic advisors
Okay
Yes ! the recession is coming 🙈
IMF GUIDED, COLLATERALIZED MINTING OF 1% OF THE USD10e23 2020 NPV OF THE GLOBAL mi^3 FRESH WATER, mi^2 HUMANITARIAN BORDER CORRIDOR, ..R of W, AND PWt ENERGY ECONOMY [[DOW drops...]] BUILT ON A SALT BASED, ON & OFF SHORE INFRASTRUCTURE OF CPVC & SMR MSR’sv
Every day I wake up to more and more winning...like today’s Dow which topped yesterday’s win with changes to The Endangered Species law and who can forget the win with immigrants and welfare? Yessirree, more winning than an American should ever have to tolerate! (Sarcasm!!!)
Currying_Favor TrumpRecession
Another TrumpCrash. What a surprise....
Waiting for tweet from realDonaldTrump taking credit for today’s Dow plunge. Oh wait, he’s blaming the Fed?....for failed tax cuts, failed trade war, failed health fiscal policies? Too many failures to list...when does the winning start?
Can't wait to hear your WSJ editorial take on how this isn't the tariffs on China nor the absurd tax cuts for the rich that has yet to pay off, TrumpRecession
Also another ominous economic sign was the election of Trump TrumpRecession
davidfrum “A warning light is flashing on the dashboard of our economy.”
This is the end. Trump is done. ImpeachDonaldTrumpNOW the 1% will cry!!!
DoomDumasZM ça arrive à grand pas !! Bitcoins !
The Democrats were behind the sub prime push in 2007. The obvious place to look for gang trading is on the left side.
Ok !! SO !! BETTER than UNDER Obama Administration !! Still Fake NEWS Media !! LET'S NOT START your FAKE NEWS Media Bouncing Balls on A Recession !! Lies !!
Tired of all the winning? 🙄😂
davidfrum Well, Trump wanted to destroy everything that Obama did it’s just taken a little longer to destroy the economy.
CapehartJ What did you Cons expect from a 6X bankrupt (that we know of), 5X draft-dodging, pussy grabbing, racist, who inherited all his money yet still lost over a BILLION dollars, grifter who paid out $2.5 million in damages because he defrauded Veterans? Seriously, what did you expect?
realDonaldTrump I thought you said trade wars were easy to win maga conman trumpuniversity2.0 stevenmnuchin1
So much winning.
it is not just the inverted yield, it is also the price of gold, Euro-economy, political unrest, trade tensions, it is all converging and not a good sign for the world economy
SenToomey you R's manage to F up the economy every chance you get.
davidfrum It’s coming!
TrumpRecession on it’s way
We can all credit President Donald Trump who has completely bankrupt the world. But given his record of multiple bankruptcies we should’ve known better..
Still looking for my Double H Bonds receipts for the FBI to follow up on the full $92,000.00 liquidation from an $8,500.00 liquidation request.
davidfrum tradewars are good, and easy to win, right? realDonaldTrump
wasn't Trump going to send it all the other way ?
davidfrum 🔊🔊🔊🔊🔊BUT THE TAX CUT.......
,1/2 enhancing internal controls, and likely changing derivatives positions that mitigate credit and market risks.
The rising odds of a global recession means that risk managers need to do more to measure their credit, market, operational, and liquidity risks in order to recalibrate their risk models. The model results should lead risk managers to focus on what assets to sell to reduce risks
Nice job Trumpers
Trump, protests the country, as promised. democrats are unhappy
Last 20 months of the stock market now basically flat. MAGA people don’t seem to care. TrumpFail
Donald Trump is killing America
So how log till they blame this on Obama?
new worries? LOL fake trade deals maybe? or how about FUNDAMENTALS, lack of QE, and (real inflation adjusted) not enough NIRP! more buybacks aren't even enough to prop up the biggest, fattest, ugliest bubble any more. got gold?
Why would anyone be worried with trump at the helm this is nuts. Imma go eat a trump steak and use my tariff checks as napkins. MAGA KAGA
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