Have we finally reached the starting point of the next recession?

Word going around the internet china will likely announce Martial Law in HK within a few days under the pre text of Taiwan and US interference in HK security... Asian futures are getting killed, Nikkei is ugly

Geopolitical crisis meets a credit crisis...
 
Stockolio said:
Word going around the internet china will likely announce Martial Law in HK within a few days under the pre text of Taiwan and US interference in HK security... Asian futures are getting killed, Nikkei is ugly

Geopolitical crisis meets a credit crisis...
More...

 
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More than likely not. The market and the entituen that work it have ensured that the flash crash will not occur. Globalization and the preset labor/consumer pool on the Continent of Africa is a macro level stop gap. Global Stagflation is the most likely outcome.
 
https://www.vanityfair.com/news/2019/08/donald-trump-trade-war-2020
In a note to clients sent Monday, Goldman Sachs warned that a trade deal—the one the president lied about having struck last December—may not get done until after the 2020 election. That means that the additional tariffs Trump has threatened to impose on popular consumer goods like iPhones, beginning September 1, could be in place for an awfully long time. “While we had previously assumed that President Trump would see making a deal as more advantageous to his 2020 re-election prospects,” the bank’s chief economist wrote in the report, “we are now less confident that this is his view.” Ed Yardeni, president of investment advisory Yardeni Research, echoed that fear in an interview with CNN Business, saying that “Trump perceives the U.S. economy is strong enough to withstand even 25% tariffs across-the-board on everything we import from China.”



“Recession odds probably go over even,” Mark Zandi, chief economist at Moody’s Analytics said last week, “and I think it would be pretty hard to avoid a downturn, regardless of what the Fed does.”
 
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