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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMeanwhile, the stock is tanking for fear of recession
Dow falls 750 points as key recession indicator rings loud alarm bells
https://www.nbcnews.com/business/economy/wall-street-slides-inverted-yield-curve-rings-recession-alarm-bells-n1042211
Now "only" 600 down.
Also on LBN https://www.democraticunderground.com/10142354690
An unpredictable, volatile president does not provide a steady guide.
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Meanwhile, the stock is tanking for fear of recession (Original Post)
question everything
Aug 2019
OP
redstatebluegirl
(12,265 posts)1. The market is mirroring our illustrious leader.
He is so erratic, no steady hand on the economy so the market goes wacko like he does.
question everything
(47,470 posts)2. And the budget deficit is up by 27%
https://www.cnbc.com/2019/08/12/the-us-budget-deficit-is-up-27percent-and-getting-closer-to-1-trillion.html
but it is OK under a Republican administration..
but it is OK under a Republican administration..
redstatebluegirl
(12,265 posts)3. Can you imagine if Obama had run up the deficit like that?
They would have tarred and feathered him on the front lawn.
Johnny2X2X
(19,047 posts)4. US foreign Direct Investment down 32%
https://www.dw.com/en/foreign-investment-in-us-down-sharply/a-44643998
Investors taking their money elsewhere. It's a perfect storm and Trump is only going to make it worse.
Investors taking their money elsewhere. It's a perfect storm and Trump is only going to make it worse.
louis-t
(23,292 posts)5. I'm sure it's 'the media's fault' for being so negative.
and not being nice to the dumbass.
democratisphere
(17,235 posts)6. drumpf will deliver America as his SEVENTH BANKRUPTCY.
So much winning and deal making from the King of All Frauds.