Corporate Debt Was a Recession Time Bomb – Coronavirus Just Lit the Fuse

2020-3-16 19:00

A recession looks likely as a corporate debt bubble of epic proportions is about to pop and leave the coronavirus-laden economy in shambles. The post Corporate Debt Was a Recession Time Bomb – Coronavirus Just Lit the Fuse appeared first on CCN.com origin »

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Trump’s Reckless Trade War Threats Risk Sparking Dow Jones Meltdown

While the Dow struggles to maintain a tenuous grip on growth, President Donald Trump recklessly thrust the economy toward a recession – and the US stock market toward an all-out meltdown. Trump Callously Disregards Impact of His Reckless Tweets The Dow Jones Industrial Average Index (DJI) slid this week on continued fears of a looming recession and lower earnings reports (though the latter are primarily due to inflated figures of last year, which benefited from the one-off immediate impact of Trump’s corporate tax cuts).

2019-4-12 20:07