Stocks are opening sharply lower on Wall Street following big losses in Europe after German’s economy shrank in the second quarter and as the U.S. bond market flashed a warning about a possible recession.U.S. government bond prices continued to soar as investors sought safety, briefly pushing a key yield below a threshold that has correctly predicted recessions in the past.The S&P 500 lost 39 points, or 1.3%, to 2,887. The Nasdaq lost 1.5% to 7,894.
The yield on 10-year Treasury briefly fell below the yield on the 2-year note, which has correctly predicted previous U.S. recessions.
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Tariff chickens coming h_o_m_e...
400 points during the largest growth in history isn't surprising, it needs to contract. --Aug. 15, 2014 to Nov. 6, 2016 the low was 15,973 and the high was 18,576. (2,603 diff.) --November 7, 2016 to August 15, 2019 the low was 18,847 and the high was 27,332 (8,485 diff.)
Joyce_Karam I don't wish a recession on anyone, because they kill. But if we are going to have one, now is a good time, with populist authoritarian leaders facing major crises in Russia, Turkey, Israel, US, China, and UK Economic crisis can lead to democratization
Germany's economy has issues rn
Signs of things to come. The market has always hated deficit’s can’t expect anything different now.
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I wish everyone would stop following the market and trump by the hour. It’s like cats following a bouncing ball. The analysts can’t keep up. They say 1 thing on Monday another on Tuesday & still another on Wednesday. Until that kook in the WH is reigned in it’s useless stocks
The Trump rally continues. ImpeachTrumpNow
Strong dollar and reduced exports? Gee
nhdogmom Completely Trump's fault. Amerikkka trumpkins love to look rich but are poor!
We should pass another tax break for billionaires that should fix it.
NotMyPresident ruins us all.
Does the economy drive the stock market, or does the stock market drive the economy? Its all getting very Mary Poppins, with Brexit taking the place of the 2p to feed the birds!
The Trump slump
thetrumpeffect
Great depression 2.0.
💥bond market signals possible recession💥
So much winning Thanks iq45
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