Dow Futures Crumble as NY Fed’s Recession Indicator Screams Red

2019-7-10 14:15

Dow Jones futures point to another weak open on Wall Street on Wednesday. As Federal Reserve chairman Jerome Powell prepares his speech to Congress, a crucial recession light is flashing red. The New York Federal Reserve recession indicator is now at highs last seen in 2008 when the US economy collapsed.

The indicator has accurately […]

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