Trump and Xi meet Saturday — If it goes poorly, the global economy could teeter into recession [CNBC]
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Source: CNBC
Trump and Xi meet Saturday — If it goes poorly, the global economy could teeter into recession President and China's President make joint statements at the Great Hall of the People in Beijing, Nov. 9, 2017. Jonathan Ernst | Reuters Stocks are likely to see a temporary relief rally and bonds could sell off if there is a 'ceasefire' declared in the trade wars by the U.S. and China this weekend, but the damage to the global economy could continue until a tariff-ending deal is struck. Wall Street has been handicapping the outcome of the much anticipated meeting between President The meeting, at the G-20 summit, is so important that market pros broadly see it as an event that could affect the course of markets for the rest of the year; impact the trajectory of global economic growth, and help determine when and what actions the Federal Reserve and other central banks might take. "You just amp up the odds even greater that we're going to have a global recession, if there's no detente betw
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