Morning Jolt: Ringing in the New Year with a Recession

Making the click-through worthwhile: some ominous signs about the health of the economy and the outlook for 2019, Russia takes aim at Robert Mueller, the New York Times explores the upside of human extinction, and an out-of-the-box idea for paying for a new border wall.

Should We Be Worried about the U.S. Economy in 2019?

After a while, we start to tune out the dramatic swings in the stock market — a huge plunge one day, a rebound the next, an hour-by-hour roller coaster the day after that. A lot of us figure it will sort itself out eventually, and things will probably turn out okay. Maybe we shouldn't.

Both the Dow Jones Industrial Average and the S&P 500 are on pace for their worst December performance since 1931, when stocks were battered during the Great Depression. The Dow and S&P 500 are down 7.8 percent and 7.6 percent this month, respectively.

December is typically a very positive month for markets. The Dow has only fallen during 25 Decembers going back to 1931.

The New York Times summarizes a whole lot of suddenly grim data ...

December 18 2018

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Ringing in the New Year with a Recession Jim Geraghty Making the click-through worthwhile: some ominous signs about the health of the economy and the outlook for 2019, Russia takes aim at Robert Mueller, the New York Times explores the upside of human extinction, and an out-of-the-box idea for paying for a new border wall. Should We Be Worried about the U.S. Economy in 2019? After a while, we start to tune out the dramatic swings in the stock market — a huge plunge one day, a rebound the next, an hour-by-hour roller coaster the day after that. A lot of us figure it will sort itself out eventually, and things will probably turn out okay. Maybe we shouldn't. Both the Dow Jones Industrial Average and the S&P 500 are on pace for their worst December performance since 1931, when stocks were battered during the Great Depression. The Dow and S&P 500 are down 7.8 percent and 7.6 percent this month, respectively. December is typically a very positive month for markets. The Dow has only fallen during 25 Decembers going back to 1931. The New York Times summarizes a whole lot of suddenly grim data ... Read More ADVERTISEMENT Top Stories In Ukraine, a Seismic Ecclesiastical Shift George Weigel The establishment of a newly independent Ukrainian Orthodox church could have serious geopolitical implications. Donald Trump's Hush Money Did Not Violate Campaign-Finance Law Bradley A. Smith Trump's hush-money payments to his mistress were not campaign expenditures by any reasonable definition of the term. Florida Elections Chief Brenda Snipes Sues Rick Scott After Failed Attempt to Rescind Her... Mairead McArdle Broward elections chief Brenda Snipes is suing outgoing Florida governor Rick Scott to get her job back after flip-flopping on whether she still wanted it. ADVERTISEMENT SNL Making Fun of Trump Absolutely Is Legal Katherine Timpf President Trump want the courts to censor Saturday Night Live because the show makes fun of him. Why Florida Remains the Democrats' Gordian Knot Giancarlo Sopo Democrats struggle to figure out Florida politics The Liberal Arts Weren't Murdered — They Committed Suicide Victor Davis Hanson Long after academia began to politicize the humanities, it finally sees the reduced value of a liberal-arts education. How the Polls Broke at the End Dan McLaughlin The statewide races showed that Republicans could break the historic trends that typically attend wave elections. CBS Denies Moonves $120 Million Severance Mairead McArdle Moonves' was ousted in September after at least 17 women made credible claims of sexual misconduct against him. ADVERTISEMENT JOIN NRPLUS All Our Content. Fewer Ads. Members-Only Privileges. NRPLUS is everything you would associate with a digital magazine subscription, and a whole lot more ─ including up to 90% fewer on-site ads, access to our private Facebook group, full commenting privileges, and invites to our writer/editor conference calls. SAVE 30% TODAY Photo Essays Cartoons of the Day: December 18, 2018 Christmas Shopping ADVERTISEMENT Follow Us & Share 19 West 44th Street, Suite 1701, New York, NY, 10036, USA Your Preferences | Unsubscribe | Privacy View this e-mail in your browser.