Markets Confront Death by a Thousand Cuts
https://www.bloomberg.com/view/articles ... usand-cuts
“I give a business downturn starting this year a two-thirds probability”.
Pointed to factors such as the near-inversion in the Treasury yield curve, the nasty December for stocks, weaker housing activity, soft consumer spending, etc.
“Then there are the effects of the deteriorating European economies and decelerating growth in China as well as President Donald Trump’s ongoing trade war with that country”.
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