Fears Of An Economic Slowdown Grow

Posted by MoneyTalks Editor

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Negative economic signals. The WTO said that trade momentum slowed in the third quarter and is likely to continue to slow in the last three months of 2018. The WTO says trade flows are at their slowest point since October 2016. Meanwhile, General Motors announced plans to eliminate as many as 8,000 jobs and are considering shuttering several assembly plants as car sales slow. The stock market is also flashing warning signs about an economic slowdown. Still, stocks rebounded on Monday, easing some anxiety in the markets…. CLICK for complete artilce