THE TICKERFor President Trump, who favors traveling where he’s wanted, the decision to skip the World Economic Forum is looking like a good one. Corporate elites gathered in Davos are newly anxious — and pointing fingers at Trump, as his trade wars and government shutdown pile pressure on wobbly global growth. Wages have indeed been climbing, but the dip in consumer confidence points to widespread jitters over stock market gyrations, a weakening housing market, and the shutdown. Trump celebrated the news:China posts slowest economic numbers since 1990 due to U.S. trade tensions and new policies. It is legal, and the SEC reminded companies after the shutdown began that the option was available."
Source: Washington Post January 22, 2019 12:45 UTC