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New Ruh Roh.
Wall Street tumbles after yield curve inverts

Newsflash: Stocks are sliding at the start of trading in New York, as investors fear than an American recession could be looming

In early trading....

Dow Jones industrial average: down 425 points or 1.6% at 25,854
S&P 500: Down 44 points or 1.5% at 2,881
Nasdaq: Down 138 points or 1.7% at 7,878

Technology stocks and banks are among the fallers, as traders shun risky assets. Bank of America has shed almost 3%, while Apple has lost 2.3%.

The inversion of America’s government bond yield curve today has clearly worried Wall Street, given its track record of predicting recessions.

https://www.theguardian.com/business/live/2019/aug/14/germany-economy-shrinks-gdp-recession-uk-inflation-stock-markets-business-live
bcnu,
Mikem

It's mourning in America again.
New Blame it on the Fed!
Because it can't be tRump's fault.

Alex

"There is a cult of ignorance in the United States, and there has always been. The strain of anti-intellectualism has been a constant thread winding its way through our political and cultural life, nurtured by the false notion that democracy means that "my ignorance is just as good as your knowledge."

-- Isaac Asimov
New pretty much have to since all econo's predicted this would happen within a week of trumps election
"Science is the belief in the ignorance of the experts" – Richard Feynman
Expand Edited by boxley Aug. 14, 2019, 11:10:48 PM EDT
     Ruh Roh. - (mmoffitt) - (2)
         Blame it on the Fed! - (a6l6e6x) - (1)
             pretty much have to since all econo's predicted this would happen within a week of trumps election -NT - (boxley)

The alien burst from Dan's stomach. Spaghetti sauce or blood spattered the wall. It was probably blood. Either way, it would stain.
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