Trade deals are going great.
Net exports of services now falling the most since the GFC & tech bust.
It’s the only positive contributor to the trade balance.
A toxic mix with ballooning government debt.
Twin deficit at abysmal levels and we haven’t even had a recession yet. pic.twitter.com/69ui3xIKLn
— Otavio (Tavi) Costa (@TaviCosta) November 17, 2019
Most countries in “slowdown” phase … question is whether this clock can move counter@MoodysAnalytics @SoberLook pic.twitter.com/UiQjHhTRJ7
— Liz Ann Sonders (@LizAnnSonders) November 18, 2019
Global Exports, International Airfreight, Electronic Components, Agricultural Raw Materials pic.twitter.com/rbK9a4R88V
— 𝕮𝖍𝖎 🛢️ (@chigrl) November 18, 2019
The market has now fully priced in a global economic recovery pic.twitter.com/ZBDcLMa5At
— zerohedge (@zerohedge) November 18, 2019
trump met with powell due to concerns real economy was slipping into recession pic.twitter.com/q4UitkBpri
— Alastair Williamson (@StockBoardAsset) November 18, 2019
Trump Discussed “Negative Rates” In Unscheduled Monday Meeting With Powell
“At the President’s invitation, Chair Powell met with the President and the Treasury Secretary Monday morning at the White House to discuss the economy, growth, employment and inflation.”