Stocks and oil in free fall

[Steel-W0LF]

Yup. Cheerleading and hoping for a while now:

Another recession warning

Flash PMI index falls under 50 signaling a contraction for the first time since 2013 corona virus was partially to blame but also to blame was companies worry about a wider slowdown… “With the exception of the government-shutdown of 2013, US business activity contracted for the first time since the global financial crisis in February. Weakness was primarily seen in the service sector, where the first drop in activity for four years was reported, but manufacturing production also ground a…

GDP Prediction for 2018Q3

both down big after earnings. AMZN down 8% GOOG 4% earnings were better than expected but revenue missed and AMZN’s forecast for q4 was low

Stocks getting killed again

dow down over 400 s&p down a lot more. seems like trumps tarrifs are starting to hurt companies a lot as more and more of them talk about their effect

The trump recession may be here

the institute for supply managments survey which shows the health of the manufacturing sector fell to 49.1 in august. Any reading below 50 is contraction. the reading for export orders fell to its lowest since april of 2009. so much for trumps claim we have the best economy on record. stocks have plunged as a result with the dow down 400

Manufacturing index falls to lowest in a decade

the ISM Purchasing Managers’ Index fell to 47.8 in september the lowest since june 2009. a reading under 50 indicates contraction in the manufacturing sector. this is the second straight month under 50. economists blame trunps trade war for the slump are we winning yet? https://www.cnbc.com/2019/10/01/us-manufacturing-economy-contracts-to-worst-level-in-a-decade.html

Recession warning

What has trump done for the economy or the average American He gave huge tax cuts to corporations which blew up the deficit despite his claims the would pay for themselves He started a trade war that has cost Americans billions and has crippled farmers He’s managed to have worse stock market returns than Obama The trade deficit hasn’t dropped despite his tariffs