div > div.group > p:first-child"> The major averages ended trading deep in the red as mounting worries around slowing global growth and a potential recession gripped Wall Street. The S&P 500 saw its worst daily performance in two months.
"If Trump wants to be a two-term president, he needs to come to a trade agreement with China and then start lowering tariffs across the board. That will re-accelerate this economy. It will cause CEO confidence to spike, resulting in a resumption of business investment, which has really been the missing ingredient in this 10-year expansion.
"I probably would prefer to be talking about better growth than Fed ... dovishness, but that could change over the next few months as well. We're still kind of suffering from some weak trends associated with trade-related issues that kind of boosted some activity last year, and we're seeing some of the falling off of that. In addition, some of the uncertainty in Europe that's been prevailing, partially because of Brexit but also some of the political considerations there.
Predicted by Astrology.
'The economy is better than ever' - realDonaldTrump at some point today. 🤔🤔🤔🤔🤔
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: USATODAY - 🏆 100. / 63 Read more »
Source: CNBC - 🏆 12. / 72 Read more »