JusKeepBreathin 19,311 Posted June 3, 2019 Share Posted June 3, 2019 JP Morgan Chase and Co. said the likelihood of recession in 2019 is now at 40 percent, up from 25 percent last month. Morgan Stanley warned that a recession is imminent unless tensions cool between the US and China. A global recession could start within nine months if President Donald Trump imposes 25% tariffs on an additional $300 billion of Chinese exports and Beijing retaliates, according to Morgan Stanley. Separately, JPMorgan Chase & Co. said the probability of a U.S. recession in the second half of this year had risen to 40% from 25% a month ago. https://www.google.com/amp/s/www.ccn.com/dow-futures-collapses-as-wall-street-screams-recession-alarms/amp https://www.bloomberg.com/news/articles/2019-06-02/morgan-stanley-sees-recession-within-a-year-if-trade-war-builds "Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity." -Martin Luther King Jr. Link to post Share on other sites More sharing options...
Economy 52,861 Posted June 3, 2019 Share Posted June 3, 2019 Make America Poor Again Link to post Share on other sites More sharing options...
HorusRa2 5,005 Posted June 3, 2019 Share Posted June 3, 2019 It’s going to happen. US is likely going to beat the war drums until we’re at war with iran. its Bush-era allllll over again. And the only way to stop it is either impeachment or the right dem winning Link to post Share on other sites More sharing options...
Featured Posts
Archived
This topic is now archived and is closed to further replies.