Markets are now suggesting the highest risk of recession since 2011. Only slightly less than half over the next year. The collapse in medium and long term interest rates is ominous.
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We may well be at the most dangerous financial moment since the 2009 Financial Crisis with current developments between the US and China.
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But stocks hit ATHs a week ago. Surely the markets aren't that dumb?
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I think you are being sarcastic right?
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I was going to say 2008, but I guess it did start in 2007...https://en.m.wikipedia.org/wiki/Financial_crisis_of_2007%E2%80%932008 …
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Palease...weathermen, economist and broken clocks!
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careful you might start agreeing with
@ewarren
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Stop the fear mongering. I realize you want to scare consumers into retrenching to cause a recession and defeat Trump, but the US economy is strong and not dependent on exports to China, which has sucked wealth from our country. Tariffs will not cause a recession.
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Let’s remember the people who got us in this mess in the first place, people like Krugman and Summers.
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