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Stocks, oil tank on growing signs of global slowdown

Stocks, oil tank on growing signs of global slowdown

14.8.2019

Stocks, oil tank on growing signs of global slowdown

Equity markets tanked and oil prices fell sharply on Wednesday after a closely w...

Yields on two-year U.S. Treasury notes rose above the 10-year yield for the first time since 2007, a metric known as an inversion that is widely seen as a classic recession signal.

“The combination of those three things (yield inversion, Germany’s GDP and Chinese industrial production) has refreshed fears of a global slowdown,” said Michael Arone, chief investment strategist at State Street Global Advisors in Boston.

MSCI's gauge of global equity performance fell 1.74% and its emerging market index .MSCIEF fell 0.52%. The FTSEurofirst 300 index

Negative interest rates from the European Central Bank and Bank of Japan are having an adverse effect on yields everywhere, including the United States, Arone said.

Gold rose 1% while the dollar index .DXY added 0.1% and the euro

U.S. West Texas Intermediate (WTI) crude futures CLc1 dropped $2.68 to $54.42 a barrel, having gained 4% in the previous session, the most in just over a month.

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Does this mean a lot of people would have been better investing their savings in the bottle shop It seems that these drops are becoming more erratic and more often the more Trump Tweets Now they have less money to spend at the bottle shop so they won't be able to party no money Donald’s economy ! Only because some chart

The inversion is an ill portent Brace yourselves!

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Stocks move broadly lower as trade war anxiety lingersBanks and technology companies are driving a broad slide in stocks on Wall Street that has knocked the Dow Jones Industrial Average more than 300 points lower We're sure showing the Chinese who's boss. Thankfully this doesn't affect the lower and middle class! Huh. That would be a disaster eh? Wait... My RMD will be lower this year.

Asia stocks set to trade lower as Dow falls below 26,000 amid geopolitical fearsStocks in Asia were set to trade lower on Tuesday following an overnight plunge on Wall Street stateside that saw the Dow Jones Industrial Average plunging more than 350 points. Yes MSSGA Trump's economy The big plunge is coming, sooner or later Dow Jones at nearly the exact same level as market close January 12th, 2018!! Art of the Deal, realDonaldTrump When? ffs

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CBS And Viacom Stocks Both Sink As Merger Deal Nears Close – UpdateUPDATED with closing stock prices. Shares of CBS slipped 2% after early gains and Viacom’s dropped 5% Monday as investors reacted to word that the companies were near the finish line in their…

A gun-free Vanguard fund unwittingly included gun stocks for a month'Though the exposure to these holdings was very modest, we regret that the error occurred and apologize to shareholders,' said a Vanguard spokesman.

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