Closing bell could not come fast enough

The threat of a recession spooked investors today, sending the DOW into its biggest drop this year.In the middle of a mid-week stock dump, the DOW settled down 800 points. Just over a 3% loss.Tuesday’s rally on news that some Chinese tariffs would be delayed, collapsed when nervous investors put their money in the bond market.This triggered what is known as an inverted yield curve.That happens when the yields on 10-year treasury bonds dip below 2-year treasury yields. This happened in 2007 and is considered a warning sign of a possible looming recession.“What it is telling Wall Street is that a recession could be coming in the next six to 18 months”, ABC news contributor, Rebecca Jarvis, said.There are other factors, including the trade war with China and Germany’s shrinking economy, the largest in Europe.The president blames Federal Reserve rate setting for the jitters, calling out his own nominated Fed chair on Twitter. “If it were to stay in this position for three to six months then you will see people start to be much more concerned,” one trader said.

The threat of a recession spooked investors today, sending the DOW into its biggest drop this year.

In the middle of a mid-week stock dump, the DOW settled down 800 points. Just over a 3% loss.


Tuesday’s rally on news that some Chinese tariffs would be delayed, collapsed when nervous investors put their money in the bond market.

This triggered what is known as an inverted yield curve.

That happens when the yields on 10-year treasury bonds dip below 2-year treasury yields. This happened in 2007 and is considered a warning sign of a possible looming recession.

“What it is telling Wall Street is that a recession could be coming in the next six to 18 months”, ABC news contributor, Rebecca Jarvis, said.

There are other factors, including the trade war with China and Germany’s shrinking economy, the largest in Europe.

The president blames Federal Reserve rate setting for the jitters, calling out his own nominated Fed chair on Twitter.

“If it were to stay in this position for three to six months then you will see people start to be much more concerned,” one trader said.