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Quotes from the news wire:
The inverted yield curve, that's what worries investors and it's why you're getting selling here. It's definitely a slowing economy indicator, and whether it goes into a recession or not, nobody really knows. But it will put a pause in the market.
– Alan Lancz
They sold into it (the tariff news), and then it bounced back nicely.
They sold into it (the tariff news), and then it bounced back nicely, but it seems like it's hitting a resistance area on the S&P 500 of 2,800.
We're still in limbo with the North Korea situation so unless we get something definitive, I don't think we're going to see any major catalyst in that category.
The geopolitical aspect is always out there, and anything that brings that back into the headlines will pull the buy orders fairly quickly.
China has a big influence on global growth and the turnaround since the financial crisis. With the lessening of that engine of growth and with the U.S. still fairly anemic by historical standards, it definitely concerns investors.
Bonds have done exceedingly well, better than most investors thought at the start of 2014.
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