JOHANNES EISELE/AFP/Getty Images: The Dow Jones Industrial Average on Wednesday had its worst performance this year after the bond market showed a troubling sign that a global recession may be forthcoming.Investors are nervous after the yield on 10-year U.S. Treasury bonds dipped below the yield on two-year bonds—a usually reliable indicator of a recession called the “inverted yield curve.”
Also spooking investors: The German economy shrank in the second quarter and Chinese industrial production has slowed, according to: The yield curve has already inverted this year between 10-year and three-year bonds, another sign of a recession that worried investors. But this is the first time since 2007 that the two- and 10-year-yield curve inverted.
The ominous news from Germany and China was enough to sour some of the optimism seen in the markets yesterday after President Donald Trump said he would delay a set of tariffs on Chinese imports.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Hemp4Victory rachsandl Hell yea! Rich people losing money makes me happy!
rachsandl 800, a nice round number.
rachsandl This is the beginning, buy more bitcoin
rachsandl 😬😬😬
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Media Stocks Hammered As Markets PlungeA day after CBS said it would merge with Viacom, shares of both fell more than the broader markets on a bad day for Wall Street. WINNING! 🤡
Source: THR - 🏆 411. / 53 Read more »
CNBC: Market plunge is a 'reliable indicator for recession down the line'CNBC's Dominic Chu talks about reasons the stock market is taking a plunge, and how long the economy has until it starts to go south. TheDomino Trump doesn’t know what he is doing! He is hurting America. Vote Trump Out! TheDomino How about that Stock Market! Happens Every Time Republicans have Control! TheDomino But . . . what about all those billions and billions that Trump keeps saying is flooding into the nation's coffers as a result of the tariff's that China is paying on all the goods being bought by them? Trump said it with great power and authority, and he was elected by you Rs!
Source: MSNBC - 🏆 469. / 51 Read more »
Stocks are up 27% during Trump's presidencyThe S&P 500, the broad measure of stocks of the 500 largest US companies, is up 27% since President Donald Trump took office in January 2017. But they were up 39% during the same 644-day period at the start of President Barack Obama's tenure. Why has neither case made me feel richer? Is it because I, like many people, invest in gas, food, rent, and an occasional book? Crooks, knew what Trump's administration was going to do 4,the Ritchie's 1% n America & Russia! LOL. After market had a huge drop they jump on this. Come on Fredo report the news fairly every once in a while.
Source: CNN - 🏆 4. / 95 Read more »
Fashion Stocks Climb as U.S. Delays Some Tariffs Until Mid-DecemberFrom cashmere sweaters to ties, the tariff delay on some Chinese fashion imports will give retailers breathing space to stock up ahead of the holiday spending period.
Source: wwd - 🏆 24. / 68 Read more »