"The U.S. economy will likely fall into a recession next year, according to Liz Ann Sonders, the chief investment strategist at Charles Schwab.
“Well there's 100 percent chance we're going to get another recession,” she said on Friday during an interview on "WSJ at Large with Gerry Baker." “In the next year, I do think trade holds the key.”
The financial markets have been rocky over the past few weeks, with the Dow Jones Industrial Average falling an estimated 10 percent from its peak a couple of months ago. Investors fret about a number of issues that could potentially derail the economy, most notably U.S.-China trade relations, rising Federal Reserve interest rates and uncertainty over how Britain will exit the European Union."
Trumptard here. I don't think there's anything wrong with a trade war with China. They've been doing things without progressives breathing down their necks, so they get shit done without worrying about how the environment will be effected. Having a trade war will just mean that we have to adopt their tactics.
Ryan Allen
WELFARE: "Trump to offer US farmers billions to ease trade pain"
You are blowing yourself. All the economic instability we are witnessing is because the Federal Reserve is rising usury rates. Meaning the Fed is drying the money supply in the market. Trump is designated to hide this by playing diversions and other ZOG distractions. The reset of the global economy can be seen coming, but you, an ignorant commie NPC, are unable to comprehend it. The (((banksters))) are collapsing the global economy to give room to WWIII; this is a repetition of what happened in the 30s. By the way low IQ "progresive", to read some macro economy books will not kill you.
"Democratic U.S. representative Jackie Speier of California, a major agricultural state, blasted the Republican president over the reported plan.
"OK @POTUS - you created this mess with your trade war and now you are going to spend $12 billion to placate the farmers that voted for you," she tweeted."
Communism knows no bounds. Add to that that you are unable to understand English. Read again, analyze it, and then come back to lick my pinky finger.
Daniel Harris
Yeah, your supposed to help the jews and commie universities that produce negative jobs, not the farmers and their crops that create delivery jobs, sales jobs, cooking training, and less polution than importing food from china.
Brody Wood
Mnuchin, Jewish, US Treasury Secretary under Trump. He runs the banking system. Yet here you are trying to justify stupid.
Jayden Wright
You are railing against the Jews yet Trump's government is run by Jews. So which is it? Are you pro or anti-Jew?
James Gutierrez
I said:
Ii you don't understand the above written as a condemn to Trump as a (((banksters)))' agent; then I don't know which school can teach you better reading skills.
Recession, deflation, or depression? Be specific because the so-called "Great Recession" was not a recession at all but a depression.
In any case, however, I'm actually looking forward to this downturn (which should happen in 6-24 months) in the market because then I can buy into stocks, ETF's, and houses at their lowest prices. Plus, the market will be better for it; this economy we've been having lately is not a healthy one.
Lincoln Davis
...
Dylan Rivera
If there are still some stock left. I don't think so, the next collapse will be epic like 100 years ago and will last at least a decade.
When might this happen? I keep reading a lot of fear porn and hope that he fails, gets arrested, is found guilty of something, etc.
Never happens. Still no collusion. Still the President. Still moving forward. North Korea was gonna blow us up. China was gonna break our economy with tariffs. Ending NAFTA was going to kill our foreign relations. So on and so on and none of the fear ever comes true.
Trump will not be the cause, the reset is planned by the (((banksters))) many years ago, it is part of economic cycles. There is a yuuuuuuuge bubble of toxic assets (financial liabilities) that need to pop. Meaning we will pay for (((their))) games as always have been. Trust me, you all will suffer at the gas station and the mall.
The US economy is bound for a collapse and it has little to do with Trump. They have deferred the inevitable collapse of this usurious economic system, but it's just going to make it far worse when it does collapse. America's stability, more than that of any other country in the world by far, is premised on a comfortable economy for its working class and its underclass. Without gibs the niggers will turn the cities into zoos. Whites are well-armed and willing to group up and fight if it really comes down to it. The Jew can't control either and are the most at-risk when their schemes are seen through, the military will have to step in. The cycle of history comes in like Plato and Aristotle knew 2k years ago and a strongman tyrant steps in to take control.
Robert Reed
Correct. However, there is hope. Trump and the ZOG faction supporting him want to get a soft landing for the American economy at the expenses of the world economy. To do this WWIII have to go forward; this is the reason you see Trump poking China and Russia non stop. The most likely next outcome will be a war between NATO and Russia, where America will fight until the last European left.
so they have been deliberately crashing it before Trump and now were in somewhat better times, your prediction is they are going to restore it back to freefall? dumbass
Dominic Diaz
only a classic liberal democrat could make a meme this stupid and inaccurate.
Bentley Roberts
fox is own by two flaming trump hating liberals what d you expect retard
Wyatt Rivera
left can't meme
Aaron Fisher
If even fag lord normal fag news is saying recession next year we are likely in a recession now
Andrew Gutierrez
Stopped reading there.
Wyatt Jones
can we use it to our advantage in order to get decent video games? I won't protest anything a long as I'm well fed and entertained you know…
Bentley Bailey
Ahhhhh…. So you're saying that they're slowing down the artificial 'stimulation' of the economy with the printing of money that we don't actually have?
HINT: AMERICA HAS BEEN BANKRUPT FOR DECADES
Nixon took us off the Gold Standard in 1974, and we haven't had the Gold to back up our dollar ever since
Charles Butler
That's how you know the trade war is the right idea. The more the corporate piggies squeal about the trough being empty, the more convinced I am that we need more tarriffs on China.
Dylan Long
Heterosexuals don't use the word 'meme'
Ian Walker
One-hundred years ago in 1929, you mean? The Great Depression lasted for so long because of Roosevelt's policies. He deliberately exacerbated the economic turmoil with sadistic decrees like the Agricultural Reform Act, which (ostensibly) attempted to raise prices on food by destroying crops while people were starving. And with this poverty and famine going about, he was relaxing on his yacht.
Christian Robinson
It won't
Alexander Phillips
Yup. Roosevelt as all ZOG puppets was doing homework tasked by Wall Street. You have to understand that to cash on the (((banksters)))' victims takes time, and injecting and extracting money on the market by the (((central banks))) is a regulatory measure but also a trap to those willing to bet at the casino called "financial market". The investors (willing pawns driven by greed) never understand that are only leaves on the wind created by (((them))).
From my experience, I find that parasites who accuse wealthy people of "greed" are some of the most avaricious faggots in the world (in addition to being neurotic, lazy, stupid, and spineless).
Also 1929 was about 90 years ago, you idiot manchild.
You wish…they want to enslave us all under the cash-less currency/social credit combo. Instead of a big war, they are instigating countless civil uprisings, while also destroying the economy , so that when all the currencies are worthless and the big starvation is about to take place, they gonna roll in as the great liberators and mankind will happily sign up for their latest scheme of total enslavement under the worlds biggest surveillance police state.