Global Markets: Stocks sink as China slowdown deepens, German economy weak
Thursday, 14 November 2019 World stocks nudged down on Thursday as Chinese economic data slowed in October and Germany only narrowly avoided a recession in the third quarter, adding to worries about the global growth fallout from the U.S.-China trade war.
The Federal Reserve clearly is hesitating to cut rates, at least in the near term. Since the beginning of the Great Recession sparked by the 2008 financial crisis, growth in the economy and stock prices has been aided by low interest rates. Now, the economy is in a late-cycle stage, with the...
So, is a trade deal off the table...for now? President Donald Trump told reporters in London that a U.S.-China trade agreement may have to wait until after next year's presidential elections. Speaking..