Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsNow stock mkt down 3%
https://www.cnn.com/markets
Abd that's 3% on market that never fully bounced back from slide if past two weeks
5 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies

Now stock mkt down 3% (Original Post)
Demovictory9
Monday
OP
OrlandoDem2
(2,753 posts)1. And it may not have priced in a recession!
malaise
(283,287 posts)2. Hmmmmm
-1,040.23
Johnny2X2X
(22,775 posts)3. We're very likely already in a recession
Some leading indicators came in today showing economic contraction.
democratsruletheday
(1,284 posts)4. We will be there very shortly:
Torsten Slok, Apollo Chief Economist is of the view that if current policies do not change, then the probability of a US recession in 2025 is 90%. Slok believes that tariffs have been implemented in a way that has not been effective, and there is now a 90% chance of what can be called a Voluntary Trade Reset Recession
Sky Jewels
(9,116 posts)5. "tariffs have been implemented in a way that has not been effective"
Understatement of the year!
How about: "tariffs have been implemented in a way that has been the economic equivalent of the Hindenburg blowing up on top of the sinking Titanic."