If history repeats itself, we are already in a bear market with a US recession in 2020

If history repeats itself, we are already in a #bearmarket with a US #recession in 2020 and SPX @3200-3300 in 2024. More in my article here: https://t.co/bwwqEQzxZB @PictetAM pic.twitter.com/EJc2GLzN5H

— Luca Paolini (@luca_paolini) September 5, 2019

Global #manufacturing is contracting, but can the service sector prevent a more serious downturn? https://t.co/o2uVsr1pj5 @darioperkins pic.twitter.com/9tKTCcd5Xn

— GlobalData.TSLombard (@TS_Lombard) September 5, 2019

MORGAN STANLEY: “Weaker income growth has been accompanied by a significant slowdown in net job creation which is another step companies take to reduce labor cost before doing layoffs (Exhibit 5).” pic.twitter.com/hWFEvPQ1e5

— Carl Quintanilla (@carlquintanilla) September 4, 2019

"The danger is great that negative growth will also be recorded in the third quarter," Gitzel added. pic.twitter.com/9q9uRkc075

— Alastair (@StockBoardAsset) September 5, 2019

Double Shock of Global Recession May Be More Than Europe Can Withstand

The eurozone faces a category five economic storm. It is structurally defenceless as the world slides into recession. This will not be an ordinary downturn because central banks no longer have the instruments to fight it.

https://twitter.com/GreekFire23/status/1169256769727713280