US S&P Global Services PMI for December came in at 52.5, missing market expectations of 52.9 and signaling a slower pace of expansion in the services sector.
#YonhapInfomax #SAndP #ServicesPMI #USMarket #DecemberData #EconomicIndicator #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=98648
US December S&P Services PMI at 52.5—Below Expectations of 52.9

US S&P Global Services PMI for December came in at 52.5, missing market expectations of 52.9 and signaling a slower pace of expansion in the services sector.

Yonhap Infomax
NY Times - #News - Stocks Dive Again as Angst Rises Over Trump’s Trade War
The S&P 500 fell 3.5 percent by the closing bell, erasing part of Wednesday’s recovery, as fears grew that the worsening trade war with China will crimp growth. #StockMarket #Stocks #SandP #Finance #economy #investment #trade #TradeWar #Recession #stagflation

It took civilization thousands of years to build the global and broadly successful #economy that we enjoyed right up until about 4PM EDT today.

It took 🍊🤡 about 2.5 months to destroy it.

So congratulations #Republicans on bringing forth the largest (and perhaps most #regressive) #tax increase in the nation’s history. America’s #billionaires thank you for your support.

#tariffs #impeach47 #deportElon #depression #Dow #SandP #NASDAQ #markets

It took civilization thousands of years to build the global and broadly successful #economy that we enjoyed right up until 9:00EDT tonight.

It took 🍊🤡 about 2.5 months to destroy it.

So congratulations #Republicans on bringing forth the largest (and perhaps most #regressive) #tax increase in the nation’s history. America’s #billionaires thank you for your support.

#tariffs #impeach47 #deportElon #depression #Dow #SandP #NASDAQ #markets

"If any Trump action appears to be a mystery, 'this helps Putin' is usually the answer. Coincidentally, the White House is also reportedly working to lift some Russian sanctions, at the same time it punishes our biggest trade partners."

~ Marcie Jones

#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/23

https://www.wonkette.com/p/happy-hunger-games-here-come-more

Happy Hunger Games, Here Come More Tariffs!

Setting the economy on fire is just one of many services Trump provides.

Wonkette

"Expect poverty; expect the financial starvation of universities and of nongovernmental organizations; and expect unannounced raids, unreliable data and an America increasingly aligned with authoritarians worldwide. Expect a pervasive climate of suspicion and a preoccupation with revenge. Expect more suffering, more fear, less security and less happiness.

In other words, expect the worst."

#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/22

"You know what? Elon Musk did say before the election that he was going to inflict pain on the American people. So I guess in that regard, a promise is made, a promise is kept from this administration because people are feeling the pain."

~ Ben Meiselas

#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/20

https://www.meidasplus.com/p/meidas-pod-on-trump-tanking-economy

Meidas Pod on Trump TANKING Economy as Backlash Grows (Ad-Free)

Watch the latest episode of the MeidasTouch Podcast ad-free right here on the Meidas+ Substack!

"It was a perfect encapsulation of the chaos that Trump has wrought. As he announced yesterday that he was going to proceed with 25 percent tariffs against Canada and Mexico and hike another 10 percent on China, a widget on the Fox Network showed the Dow Jones crashing in response."

~ Jay Kuo

#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/19

https://statuskuo.substack.com/p/trumps-trade-war-has-begun

Trump’s Trade War Has Begun

Despite a 30-day reprieve and sincere efforts by our trading partners to meet Trump’s demands, he imposed across-the-board tariffs anyway.

The Status Kuo

"Coincidentally, the same day Trump said tariffs on Canadian and Mexican goods would go ahead, a story broke that his administration is seeking to ease sanctions on Russia. After appeasing the bear, he has decided to drive his car into the moose. All of us are about to find out what happens next."

~ Martyn Wendell Jones

#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/18

https://www.thebulwark.com/p/trump-putin-zelensky-veterans-hospital-eggs-tariffs-canada

What Fresh Hell Do We Have Today?

Sure, we’ve abandoned Ukraine, launched a trade war with our neighbors, and insulted close allies. But at least we’re screwing over our veterans, too.

The Bulwark

"And there will be further steps. The administration’s cutoff of aid to Ukraine will surely be followed by further attempts to isolate President Volodymyr Zelensky and further weaken Ukraine."

#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/17