” Markets plummeted Tuesday, with the Dow closing down nearly 800 points, or 3.10%,” as Barron’s is reporting. “The S&P 500 dropped 3.24%, and the Nasdaq lost 3.80%. Monday’s trade-linked rally now seems a distant memory. As trade jitters resurfaced, Treasury debt narrowed—raising fears that the yield curve could invert, signaling a recession. Markets will be closed Wednesday to honor the passing of President George H.W. Bush. “
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Author: jeffpelline
Jeff Pelline is a veteran editor and award-winning journalist - in print and online. He is publisher of Sierra FoodWineArt magazine and its website SierraCulture.com. Jeff covered business and technology for The San Francisco Chronicle for 12 years, and he was a founding editor and Editor of CNET News for eight years, among other positions. Jeff has a bachelor's degree from UC Berkeley and a master's from Northwestern University. His hobbies include sailing, swimming, and trout fishing in the Sierra.
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The Fed and Trump are both wrong: https://www.thestreet.com/jim-cramer/head-cramers-mad-money-recap-dec-4-14793852?puc=_htmlbooyah_pla1&cm_ven=EMAIL_htmlbooyah&tstmem=48168042&utm_source=newsletter&utm_medium=email&utm_campaign=BOOYAH&utm_term=The+Fed+and+Trump+Are+Both+Wrong%3A+Cramer%27s+%27Mad+Money%27+Recap+%28Tuesday+12%2F4%2F18%29
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