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Whenever you get an inversion like that, it tends to signal a recession within the next year to 18 months. This is the most in verdict it has been since 2007, which was the year the u. S. Did go into what ended up being the worst recession since the great depression. Nobody is predicting a severe outcome this time, but it is probably the loudest and clearest signal there is trouble ahead. We will talk about what relation that might have with the currency wars. In the meantime lets go to Kevin Cirilli at the white house. The president is in dayton on his way to el paso. What is the reception he is getting . Andn some residents Prominent Community leaders have asked the president not to attend either of these communities. That send, there has been politically divisive rhetoric that has engaged on the 2020 democratic president ial campaign trail, notably from beto orourke. A ....
Shutdown and lawmakers are returning to capitol hill today. But the president not budging on his demands for border wall funding. Well get to that in a moment. We start with breaking news. The wild ride that is happening on wall street now. Lets look at the markets right now as you can see, down. New York Stock Exchange down almost 400. Dow almost 2 percentage points, s p down. They were down believe it or not a lot more. The sharp drop coming after a recordbreaking wednesday with the techheavy nasdaq rose sharply after Companies Like amazon and apple saw a postchristmas bounce, if you will. Cnbcs leslie picker follows the markets very closely for cnbc. Leslie, where are we now . And what do we know about the impetus responsible here for this latest drop . Hi, craig, thats right. Some of the red youre seeing on the screen is just pressure related to yesterdays rise. Inve ....