While fiscal stimulus has been providing support for economy, its impact is ebbing@MoodysAnalytics @SoberLook pic.twitter.com/aQlok5ut8q
— Liz Ann Sonders (@LizAnnSonders) September 9, 2019
– DEUTSCHE BANK SAYS ITS ECONOMISTS ARE NOW FORECASTING ANOTHER 100 BASIS POINTS OF RATE CUTS, SEE GROWTH FALLING TO BELOW 1.5% BY MID-2020, ASSUMING NO TRADE ESCALATION
– DEUTSCHE BANK SAYS IF THE TRADE CONFLICT PICKS UP, THE U.S. RISKS ZERO RATES AND A MILD RECESSION
— Alastair Williamson (@StockBoardAsset) September 10, 2019
Global manufacturing and U.S. jobs – @SoberLook @BofAML pic.twitter.com/tuB9y4M9b5
— Rob Hager (@Rob_Hager) September 9, 2019
OPEC Cuts 2020 Global Oil Demand Forecast Due to Economic Slowdown
OPEC on Wednesday cut its forecast for growth in world oil demand in 2020 due to an economic slowdown.
FYI – the probability of a US rate cut next week is still glued at 100% pic.twitter.com/rghrBhfhlX
— 🔴 I. Vodenitcharov CFA CMT (@iv_technicals) September 10, 2019