Recession Returning?

Submitted by ub on Wed, 08/14/2019 - 09:12

As Germany's economy goes into reverse, the European nation shrank in the second quarter as global trade tensions hurt export-orientated manufacturers. China's economic growth has been systematically slowing down. The U.S. bond yield curve has significantly inverted, and all of these financial factors are sowing fears of yet another coming recession. This one is the #TrumpRecession - POTUS is scared about the economy, and it appears that he is setting up The Federal Reserve Chair Jerome Powell as his fall guy because nothing is ever his fault. As the Dow Jones goes off a cliff a #TrumpRecession is coming our way while his tweets show he doesn't even understand basic economics. WTF?

Dow tumbles 800 points after bond market flashes a recession warning
The 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

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