Economic News | Moodys downgrades U.S. Debt Rating

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heelinhell said:
ugly close for the stock market...

Are markets starting to see the adverse impact of the Trump tax aka tariffs ?

Are the markets anticipating the adverse impact of Trump's big beautiful tax bill which will add trillions to the national debt with no benefit for working and middle class families ?
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I don't think there's any logic to the markets right now. It's literally a bunch of chickens running around the barnyard right after their heads were chopped off. Up or down is a roll of the dice because nobody knows what to do.
 
Killing businesses
Hampering the world economy
Shutting down markets
Shrinking GDP
Massively growing the deficit
Hurting ratings on US Treasuries

Tell me again how this reflects conservative values.

Immigration? Trump’s policies here are also terrible for the economy.
 
At a conference this week. Chief economist for the AIA presented. Housing outlook is not good. Residential architectural billings which typically are the leading indicator for construction (effects show up in residential before commercial), fell off a cliff this quarter.

Recession prediction up from 25% to 45%, which actually seems low.
 
bassydude77 said:
At a conference this week. Chief economist for the AIA presented. Housing outlook is not good. Residential architectural billings which typically are the leading indicator for construction (effects show up in residential before commercial), fell off a cliff this quarter.

Recession prediction up from 25% to 45%, which actually seems low.
Click to expand...
Well that sucks for the construction industry
 
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