Page 62 - Network Auto News Today

Warning sign is flashing red for the First Time Since 2007 triggering fears we have not felt in more than a decade. Could a recession be around the corner, and what would that mean for President Trump who has bet everything on his economy . We begin this hour with my friend, formal colleague heather long. Good morning, heather. All right so the president says theres nothing to worry about here. The inverted yield curve which is this big red flashing light is crazy. What are the facts . Well were...

Is the underlying issue, politics and wanting to be reelected. Which is all predicated on this economy . Sure, look, this is a president who is worried about success. And always has worried about being seen as a success. He talks about losers with d derision as you know, and were going to win so much youre going to get tired of winning. And his calling card is someone who is able to manage the economy. When you see these trends. Its worrisome, and what donald trump is trying to do, i think, is t...

It appears is asking this. My only question is who is our biggest enemy, our bigger enemy, jay powell or president xi . The president considers the man he appointed a bigger enemy than china, United States post powerful adversary. Just this morning china slapped tariffs on 75 billion worth of u. S. Goods. Everything from beef to automobiles. And this morning the chairman is speaking out as i mentioned acknowledging that theres a growing risk of economic slowdown and specifically pointing to trad...

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