Economic Angst Hits Wall Street
Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.Economic angst enveloped every corner of Wall Street as US-China trade tensions escalate, sparking a plunge in stocks, the dollar and oil, with liquidations in US assets pointing to disorder in the financial system.A day after the biggest stock-buying wave in years, assets tied to the economic cycle are sinking again, with President Donald Trump’s mollifying message on trade talks providing little relief. Investors are rushing to game out how the effective freezing of Chinese trade will impact corporate earnings and…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.