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Asia stocks set to slip following fears of slowing US economyOvernight on Wall Street, the S&P 500 and Dow Jones Industrial Average closed lower after the release of U.S. retail data in December came in as a 'shocker.' When do they NOT? That’s all they do! 'Fears of slowing US economy'.... This has been a pretense for market drops for 7 years...but it's become an almost monthly event in the past 2 years. Talk about analysts who cry wolf......
Source: CNBC - 🏆 12. / 72 Read more »
Stocks tumble after weak retail sales fan slowdown fearsStocks fell Thursday after a measure of US consumer spending unexpectedly tumbled at the end of 2018, renewing expectations for slowing growth. If This were the 1960s Wall Street wouldn't react this way to jumbled estimates. Wall Street today is comprised of gamblers, soothsayers, hand wringers, panic button pushers, crystal ball readers, day Traders, and your everyday garden-variety jackasses
Source: BusinessInsider - 🏆 729. / 51 Read more »