Tim Francisco <
[email protected]> GOOD MORNING: 12/18/18 Farm Direction Van Trump Report 1 message The Van Trump Report <reply@vantrumpreportemail.com> Tue, Dec 18, 2018 at 7:41 AM ReplyTo: Jordan <replyfeca15787d66057c314_HTML362509461000034501@vantrumpreportemail.com> To:
[email protected] "No man becomes rich unless he enriches others." Andrew Carnegie TUESDAY, DECEMBER 18, 2018 Printable Copy or Audio Version Morning Summary: Limbo lower now... how low can we go? Stocks are starting a bit higher this morning, but this is how we have started most mornings as of late, only to see the limbo stick lowered throughout the day as the music plays. Jack be limbo, Jack be quick... The S&P 500 just posted its lowest close of the year. In fact, it was the lowest close in the S&P 500 since October 2017. To this point, December is shaping up to be our worst month of the year. Since the S&P 500 started back in 1957, December has never been the worst month of the year. Crude oil prices have also fallen aggressively, now down to their lowest level in 18months as more investors fear a widening global economic slowdown. Keep in mind, many traders have already been arguing that the global economy has shown some red flags, with slowing growth in China, contracting growth in Japan, as well as parts of the Europe Union. There's also fear surrounding what looks to be a currency crises in the emerging markets. The tightening of interest rates is also looming large.