for U.S. gross domestic product growth in the third quarter to a median of 2.1% after a batch of better-than-expected data. That's according to the CNBC/Moody's Analytics Rapid Update.
Passengers and anti-government protesters gather at the Hong Kong international airport during a sit-in demonstration. In response to violence in which a woman was shot in the eye with a projectile during confrontations between protesters and police, anti-government protesters occupied Hong Kong's International airport and forced the cancellation of all flights.
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Dow sinks 730 points Wednesday afternoon as flashing recession signal rattles stock marketThe Dow Jones Industrial Average was trading at session lows on Wednesday morning as investor anxieties about a recession in the U.S. and elsewhere hurt... Well........NO SHIT!!! Thats what brokers get for trusting a moron in chief!!! People worry too much about short term moves, up 25% since inauguration, S&P 500 seems to be heading back to May numbers The treasury market (inverted or flat yield curve) is certainly signaling a coming recession. However, this is not a 100% certainty. The US large cap stocks have been plowing forward for several months. Earnings have been OK. Panic selling is rarely a good strategy. Stay tuned!
Source: MarketWatch - 🏆 3. / 97 Read more »
Dow tumbles 700 points after bond market flashes a recession warningThe Dow slid more than 500 points Wednesday after the bond market, for the first time in over a decade, flashed a warning signal that has an eerily accurate track record for predicting recessions. Stop messing with China and let the immigrants stay! Almost time to buy. America is still the worlds best place to place park your money. Winning!
Source: CNN - 🏆 4. / 95 Read more »