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By CCN: Morgan Stanley’s chief economist expects a global recession in three quarters if the trade war escalates, CNBC reported Sunday. That makes the trade war a possible factor in the bitcoin price pump this spring as institutional investors hedge their portfolios with “digital assets.”“A government bond due in 3 months will pay a higher rate than a government bond due in 10 years.These occurrences (called inversions) have grabbed Wall Street’s attention for one simple reason: They’ve preceded every recession over the last 60 years.”https://t.co/d5ZNRQr22B— Frank Luntz (@FrankLuntz) May 30, 2019President Donald Trump’s closest advisors and political allies understand that his reelection prospects hinge on a strong economy.If Chetan Ahya’s analysis is correct and the White House levies tariffs on all Chinese imports, the ensuing recession would give Donald Trump’s crowded field of Democratic challengers some heavy campaign ammo to fight with in 2020.When President George H.
As said here by Wes Messamore