Recession Worries Send Markets Plummeting
Stock markets all over the world tumbled on Monday, the third straight day of declines after a consequential U.S. jobs report last week showed unemployment up to 4.3 percent in July. It’s stoking fears of a steep economic downturn, as worried economists have now seen a historically accurate indicator for a coming recession. Brian Brenberg, co-anchor of “The Big Money Show” on FOX Business, joins the Rundown to explain why the Fed’s lack of action on a rate cut could tip the U.S. towards economic upheaval and where the fear among investors is coming from. Later, Bullseye American Ingenuity Fund portfolio manager Adam Johnson explains why these fears could be overblown, leading to fresh investment opportunities.
It has been more than 23 years since the terror attacks of September 11th. Recently, some of those accused of plotting the attacks almost avoided the death penalty. However, it has been an emotional roller coaster for the families of the nearly 3000 victims as they witnessed a plea deal being offered and accepted on Wednesday, only to be revoked on Friday. Despite this, some victims’ families supported the agreement, claiming that legal principles were being compromised. Brett Eagleson, president of 9/11 Justice, who lost his father on that day, shared his thoughts on the emotional turmoil that he and other families experienced in the last few days. He also discussed why he believes Saudi Arabia should take responsibility for their involvement in the attacks.
Plus, commentary from FOX News Contributor and author of the new book “Fear Itself”, Tammy Bruce.
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