Stocks Nosedive Amid Fears of a Trump-Induced Recession

CNBC he wouldn’t count on it. “I have to yield to the historical evidence and note that the phrase ‘this time is different’ usually doesn’t work,” he said, noting the Trumpian headwinds we’re facing. “It’s a very unusual time period: We haven’t had tariff issues like we’re dealing with currently in about 80 years. It’s about dealing with negative rates in most of the European countries and Japan. Again, I have respect for the inverted yield curve as a signal that recession is ahead.

Also rattling investors is an apparent recession in Germany, which generates a sizable portion of its GDP from trade, and which may be a bellwether for how Trump’s tariffs are weighing on the global economy. PerInvestors are increasingly worried about a global economic slowdown as weaker-than-expected data in China deepened the gloom in the world’s second-largest economy. Official data published Wednesday showed growth of China’s industrial output slowed to 4.

Adding to the fears is Germany’s GDP which shrank by 0.1% between April and June, fueling fears of a recession for Europe’s largest economy. Euro zone GDP also grew by just 0.2% quarter-on-quarter, a significant slowdown from the 0.4% growth reported in the first three months of the year.

“...the president’s trade war...”. Wow!

'Markets are plunging amid fears Trump is going to push the economy into a recession' … you Guys really 'Take the Cake' … you refuse to credit POTUS with nearly 3 years of incredible economic & job growth, but you hang the Albatross of a POTENTIAL recession around his neck ...

This article is a complete failure. Bess is such a great talent wasting away on politics for an entertainment magazine. Which means it’s about as credible as the National Enquirer

Well no shit. Every Trump move was dictated by Putin designed to cripple the American economy

OMAHAGEMGIRL 'It's the economy, stupid!'

Each one of these temporary dips becomes a dream for bargain hunters. Day traders rejoice and get rich.

Hoax🇺🇸

He is, because that's what he's always done.

The economy isn’t booming. That is just a Republican talking point. Trump is an economic failure who helped his buddies at everyone else’s expense.

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