UBS has made some bold claims about where the economy and stocks are headed. They’re suggesting that if negotiations between the U.S. and China don’t go so well and continue to fall apart as they have been this economic slowdown will fall into a contraction. The longer this persists, the more pronounced it will be. Monetary stimulus will begin and confidence will be lost. Once the mass layoffs begin, the earth will rumble under the heels of the angry mobs.
UBS: Globe heading for recession and bear market if trade talks fail
https://www.cnbc.com/2019/06/24/ubs-the-globe-is-headed-for-a-recession-and-bear-market-if-this-weeks-us-china-trade-talks-fail.html
UBS: Globe heading for recession and bear market if trade talks fail
https://www.cnbc.com/2019/06/24/ubs-the-globe-is-headed-for-a-recession-and-bear-market-if-this-weeks-us-china-trade-talks-fail.html
fig25.1561376556490.JPG (355×324)
fig1.1561376823161.JPG (682×299)
MSBCI vs regional feds june 24.jpg (1105×373)
cass freight june 24.jpg (741×488)
MoM change in employment MS.jpg (760×525)
Texas manufacturing executives’ optimism at three-year low as tariffs increase costs - HoustonChronicle.com
https://www.houstonchronicle.com/business/article/Texas-manufacturing-executives-optimism-at-14035477.php
Gold jumps to fresh high, now at levels not seen since August 2013
https://www.cnbc.com/2019/06/24/gold-jumps-1percent-to-fresh-high-now-at-levels-not-seen-since-august-2013.html
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