CEOs say economy has quickly cooled...

[left-of-center2012]

CNBC's Jim Cramer says CEOs are telling him off the record the economy has quickly cooled.
Company leaders across industries are saying — off the record — that they're worried about a slowdown in the U.S. economy, Cramer said Thursday on CNBC's "Mad Money".

"So many CEOs have told me about how quickly things have cooled," the "Mad Money" host said. "So many of them are baffled that we could find ourselves in this late-cycle dilemma that wasn't supposed to occur so soon."

Cramer has been warning investors for weeks about a man made slowdown in the U.S. economy, fueled by the two-pronged pressures of the Federal Reserve's interest rate hikes and the Trump administration's tariffs. Now, high-profile CEOs are worried about growth slowing so drastically that it could actually hurt the economy, he said.

"There are degrees of slowdowns that, nonetheless, can cause an awful lot of havoc and cost a lot of jobs, and that's what we're on the verge of here," he said. "That's what the markets are saying. That's what the CEOs are worried about offline." The situation reminded Cramer of when, on the cusp of the 2008 financial crisis, his corporate sources confided in him that the Fed "seemed to be out of touch ... with what was happening" on Wall Street, he said.

https://www.cnbc.com/2018/11/15/cramer-says-ceos-are-telling-him-off-the-record-the-economy-has-cooled.html

[JDC]

1. Here vomes Trump's blame game on the new House Majority

[Wellstone ruled]

2. That matches what we are seeing

by the Inventories of unsold Clothing and Appliances building up in local Retailers. Have you paid attention to your local advertisements lately. Nervousness is brewing. Especially with Furniture and Autos.

[elleng]

3. Down for trump + repugs,

and Dems get to clean up the mess again.

Hold your hats.

[democratisphere]

4. Typical redumbliCON economic train wreak has already started.

The holiday sales may be very telling about the economic future for 2019 and 2020.

[empedocles]

5. Significant part of the market rise, was corporate buybacks.

Time for CEO's to cash in their self inflated stock options.

[Farmer-Rick]

6. Well when you take out $1.5 Trillion from the economy and hand it to hoarders

What do you expect the economy to do?

Trump and his Russian funded congress gave the uber rich over $1.5 Trillion in tax giveaways. That's $1.5 Trillion that would have been circulating in the real economy. Instead the uber rich who are hoarding money anyway, just take the money and hoard some more. They have absolutely NO incentive to do anything with that money. It just gets syphoned off our economy and locked up in overseas banks. Eventually, there is nothing left to syphon off.