US markets start 2019 with a whimper as Trump blames 'glitch' for 2018 losses - News Summed Up

US markets start 2019 with a whimper as Trump blames 'glitch' for 2018 losses


Markets wobbled between gains and losses all day on Wednesday as weak data in Asia and Europe confirmed fears of a global economic slowdown while the US government shutdown dragged on. In the White House Trump told reporters that equities should recover when the US completes trade deals with countries like China. We’re the talk of the world,” Trump said. “It’s going to go up once we settle trade issues and a couple of other things happen,” Trump said. “Increasing evidence of China’s economy weakening further has sent chills throughout global markets.


Source: The Guardian January 02, 2019 15:56 UTC



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