A global ‘recession’ (depression?) could hit in 9 months if tariffs keep climbing, says Morgan Stanley. From CNN Business’ Anneken Tappe in New York. 8/5/2019 Global financial markets are in turmoil after the trade war between the United States and China escalated over the past few days. Washington […]
Dow futures fall 450 points after Treasury labels China a currency manipulator. If China devalues the yuan even more, it could prompt the United States to raise more tariffs, escalating the trade war even further. That could stall the global economy — bad news for stocks. From CNN […]
How low can bond yields go? By CNN Business’ Paul R. La Monica in New York. 8/5/2019 Investors are so nervous about the trade war with China that they are frantically scooping up US government bonds and pushing yields sharply lower in the process. Conservative investors are worried […]
Chinese companies halt purchases of US agricultural products By Steven Jiang, CNN Business Updated 7:08 PM ET, Mon August 5, 2019 Beijing (CNN Business) Chinese companies have halted purchases of US agricultural products, marking the latest escalation of the trade war between the United States and China. The halt in […]
The United States and China may be headed for a currency war Analysis by Julia Horowitz, CNN Business Updated 5:20 PM ET, Mon August 5, 2019 London (CNN Business) China may have just fired the opening shot of a currency war with the United States. For the first time in more than […]
US stocks post worst day of the year after China devalues its currency By Anneken Tappe, CNN Business Updated 5:31 PM ET, Mon August 5, 2019 New York (CNN Business) A dramatic escalation of the trade war between the United States and China sparked a worldwide sell-off in markets […]
Trump’s trade war with China is starting to get out of hand Analysis by Matt Egan, CNN Business Updated 7:09 PM ET, Mon August 5, 2019 New York (CNN Business) The US-China trade war has always been serious. Now it’s starting to get scary. China allowed its currency to drop […]
‘Business as Usual’ – Peace / Safety / Destruction / Economic Collapse Jesus said the coming of the Son of Man will be just like the days of Noah (Matthew 24:37-39). The thing about the days of Noah is that even in the midst of terrible apostasy, evil, violence, and […]
‘Business as Usual’ – Peace / Safety / Destruction / Economic Collapse Jesus said the coming of the Son of Man will be just like the days of Noah (Matthew 24:37-39). The thing about the days of Noah is that even in the midst of terrible apostasy, evil, violence, and […]
