New York: The signs of an economic contraction in Germany and the United Kingdom, the slowdown in growth in China and the volatile stock market index in Argentina joined the hangover that keeps US businessmen worried about the escalation of the trade war started by Washington against Beijing so that on Wednesday the New York Stock Exchange collapsed just over 800 points, Radio Habana Cuba publishes.

Just 10 days ago Wall Street had a similar crash, two signs that increase fears that the recession is near, according to Univision.

The two falls recall the collapse of the stock market in 2008, in the midst of the explosion of the mortgage bubble. And although it does not mean that economic calamity is a fact, it sends messages that a greater adjustment could come downward amid a streak of internal growth catapulted by the decision of President Donald Trump's government to dramatically cut taxes.

Specifically, the Dow Jones fell on Wednesday more than 2% helped by declines in prices in the energy and retail sales sectors.

And although Trump announced this week that he would postpone the application of some tariffs on Chinese products, it is more the new factors described that dragged the stock market to negative numbers.

"The new economic news added to the increasingly horrific conditions in the global industrial sector economy. Analysis of industrial purchases now suggests that manufacturing economies in China, Japan, Germany and the United Kingdom, the second, third, fourth and fifth largest economies in the world, are contracting, " The New York Times reports.

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