WallStForMainSt: China's Industrial Output Growth Worsens In July By ~24% Since June, The Worst Number In 17 Years!
China's economy worsens in July, industrial growth at 17-year low according to China's own data from the National Bureau of Statistics in China https://mobile.reuters.com/article/amp/idUSKCN1V404X This brave Chinese professor calculated in 2018 that China's real GDP was below 2% and contracting violently. He was vindicated. Unfortunately, there's no free speech in China so he may be in a re-education camp or worse! Chinese Professor Censored After Admitting Real GDP Growth Is Below 2% https://www.zerohedge.com/news/2019-01-05/china-censors-economics-professor-who-claims-real-gdp-growth-below-2 The DOW 30 in the US has now given back all of its gains since January 2018. https://www.zerohedge.com/news/2019-08-14/dow-futures-dump-700-points-critical-support-yuan-slide-accelerating More of the US Treasury Yield Curve Also Inverted Today: 1)https://www.zerohedge.com/news/2019-08-14/2s10s-just-inverted-heres-what-happens-next 2) https://www.zerohedge.com/news/2019-08-13/recession-alert-ust-2s10s-yield-curve-inverts-first-time-12-years Please visit the Wall St for Main St website here: http://www.wallstformainst.com/ Follow Jason Burack on Twitter @JasonEBurack Follow Wall St for Main St on Twitter @WallStforMainSt Commit to tipping us monthly for our hard work creating high level, thought proving content about investing and the economy https://www.patreon.com/wallstformainst Also, please take 5 minutes to leave us a good iTunes review here! We only have about 57 5 star iTunes reviews and we need to get to our goal of 100 5 star iTunes reviews asap! https://itunes.apple.com/us/podcast/wall-street-for-main-street/id506204437 If you feel like donating fiat via Paypal, Bitcoin, Gold Money, or mailing us some physical gold or silver, Wall St for Main St accepts one time donations on our main website. Wall St for Main St is also available for personalized investor education and consulting! Please email us to learn more about it! If you want to reach us, please email us at: firstname.lastname@example.org **DISCLAIMER- ANYTHING MENTIONED DURING THIS AUDIO OR SHORT VIDEO RECORDING IS FOR INFORMATION & EDUCATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE INVESTMENT ADVICE. JASON BURACK AND HIS GUESTS ARE MERELY STATING THEIR OPINIONS ON DIFFERENT TOPICS RELATED TO INVESTING, THE ECONOMY, MARKETS OR COMPANIES. PLEASE TALK TO YOUR INVESTMENT ADVISOR AND DO ADDITIONAL RESEARCH AND DUE DILIGENCE ON YOUR OWN BEFORE INVESTING AND MAKING IMPORTANT INVESTMENT DECISIONS.- DISCLAIMER**
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