Economy is hitting more turbulence, but the shutdown leaves investors partly in the dark

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What the heck is going on in the economy? It’s anyone’s guess.

 

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A string of encouraging signals is making investors increasingly positive about China's economyThe growing likelihood of even a limited trade deal between China and the United States combined with a ramp-up in stimulus by Beijing are making some experts increasingly optimistic about prospects for the world's second-largest economy this year. Like what... China having to try to bail out their many problems? LOL Good luck What? Chinese have huge usd26.7t savings/bank deposits to weather the transition & the CCP has lots of assets, usd17t to fight Trump. It is America that is surviving on monthly salaries. Lol.
Source: CNBC - 🏆 12. / 72 Read more »

The government shutdown will ripple through US economy, economic policy expert says'Every two weeks that the shutdown continues, we lose about a tenth of a percentage point of GDP.' This expert says if the government shutdown persists, we'll likely see a slowdown in consumer spending and 'ripple effects' throughout the economy. LEAVE OUT THE WORD LIKELY Weird, since this is the Dow Jones since the shut down. It started on the 22nd. Markets reopened the 24th. They seem to not mind.
Source: CNBC - 🏆 12. / 72 Read more »

Trump's shutdown nightmare: Choosing between the economy and the wallIf the government shutdown lasts much longer, President Trump's only way out may involve a choice between two pillars of his political viability -- the border wall and the economy | Analysis by stcollinson StCollinson Or resign, that’d work too StCollinson TSAWalkout StCollinson He’s in a great spot in real world. The left and media might want to start rethinking their positions. Most people don’t like to exist as losers. Imho
Source: CNN - 🏆 4. / 95 Read more »

Shoveling snow, walking dogs: Furloughed workers turn to odd jobs, gig economy as shutdown drags on“I’m looking at dog-walking, I’m looking at baby-sitting, I’m looking at doing any freelance gig work I can,” said Brooks Mitchell, adding that he also plans to look at Uber, Lyft and TaskRabbit. I’m sick & tired of it! realDonaldTrump doesn’t give a shit about me, you, border security, American workers, Puerto Ricans, sick people, homeless people, veterans, military personnel, elderly people and everyone else in between! That “MotherFucker” only cares about himself! Keep the faith. It will end. I wonder if he ever thought about saving money.
Source: NBCNews - 🏆 10. / 86 Read more »