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-7.63524664781526E-05 -7.63524664781526E-05 -0.000957342464305077 -0.000957342464305077 0.0019792908617846 0.00256661752700241 0.00168562752917549 0.00256661752700241
Stock impact report

Key Words: Biden fears he would inherit recession from Trump [MarketWatch]

Regions Financial Corporation (RF) 
Last regions financial corporation earnings: 4/17 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.regions.com
Company Research Source: MarketWatch
Biden fears he would inherit recession from Trump Joe Biden is broaching the “R” word: recession. In an interview with CNBC , the former vice president and current front-runner for the Democratic presidential nomination tells the network that the U.S. is in a “different place” than it was in 1995, when as a senator he voted for a balanced-budget amendment. He wouldn’t vote the same way now, he said, and adds that he believes a recession or significant slowdown is likely on the horizon. Also see: Biden proposes minimum federal tax aimed at Amazon and others who pay $0 . Biden’s interview was recorded before Friday’s blowout payrolls report, which showed the economy adding 266,000 new jobs in November . Economists, to be sure, have warned of a recession. In October, for example, analysts surveyed by the National Association for Business Economics said the odds of such a slowdown were low in the first half of 2020. Farther out, however, they were more bearish, putting the odds of a rec Show less Read more
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