Tag Archives: Kevlar

Wall Street’s view of a ‘Kevlar economy’ has just been shattered, but red flags were lurking under the radar

Wall Street’s view of a ‘Kevlar economy’ has just been shattered, but red flags were lurking under the radar

The recent batch of indicators has punctured the notion on Wall Street that the U.S. economy is bulletproof and can withstand headwinds like President Donald Trump’s trade war. That was evident in Friday’s stock market selloff as the dismal jobs report and shocking downward revisions to earlier months raised recession fears. Just days earlier, Rick Rieder, chief investment officer of …

Read More »