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Trump’s economy is at a ‘tipping point’ — and ‘doom loop’ could cause recession: Wall St expert

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America’s economy is in a precarious position 14-months before the 2020 re-election.

Many experts believe the state of the economy could be an indicator of whether President Donald Trump is re-elected. Trump himself frequently brags about low unemployment and stock market growth during his time in office.

A recession could disrupt Trump’s message on a key issue.

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Former hedge fund manager Raoul Paul warned that analysts are looking at the wrong indicators during an interview on The Meb Faber Show, Business Insider reported Saturday.

“Yields have fallen off a cliff since the beginning of the year as investors scared of a slowdown have poured into bonds. And yet equities are up double digits, seemingly immune to the risk aversion pervading the fixed-income market,” Business Insider explained.

“To further his recession argument, Pal reiterates the nefarious action he’s seeing in corporate debt. A phenomenon he refers to as a ‘doom loop’ — and one he thinks has the power to seize up the entire fixed-income market in one fell swoop,” the publication noted. “Pal believes that if economic conditions continue to deteriorate, pension funds — which own a great deal of this debt — will be forced to sell as rating agencies downgrade a significant portion of it to junk. This would result in a deluge of supply, and limited buyers to sop it up. It’s a situation that could result in catastrophe.”

He said he believes the economy is now at a “tipping point.”

Read the full article.

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Virginia capitol staff will be forced to confront armed protesters because of official’s ‘bravado’: strategist

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Gov. Ralph Northam has declared a state of emergency after white supremacists threatened to come to the state capitol in Richmond, Virginia, with weapons to protest new gun laws. Northam gave a "mandatory" order for every staffer in the executive branch and General Assembly to telework for safety.

The problem, according to Virginia-based political strategist Ben Tribbett, elected officials are still planning to go to the Capitol to attend committee hearings, putting other Capitol staff in danger.

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Trump is trying Middle East Peace plan 2.0 after the first one flopped

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President Donald Trump is scheduled to submit his second Middle East peace plan after the first one senior son-in-law Jared Kushner came up with didn't go over very well.

"We will get this done," Trump claimed in May 2017.

“We'll start a process which hopefully will lead to peace,” Trump said. “Over the course of my lifetime, I've always heard that perhaps the toughest deal to make is the deal between the Israelis and the Palestinians. Let's see if we can prove them wrong, okay?”

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Rage-filled Trump has crippled his presidency because he can’t let go of a grudge no matter how small: report

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According to a report in Politico, many of Donald Trump's problems are the direct result of his inability to get over the smallest of slights leading him to make poor decisions because he can't see his way to let go of a grudge.

The report notes, "Whether in the privacy of his clubs or out on the campaign trail, the president can’t help but hold onto a grudge. Even as Trump heads into an election year with a record that he claims ranks him among the best presidents of all time, political grievances continue to drive everything from policy decisions to rally speeches to some of the biggest scandals of his presidency — including his impeachment."

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