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by sschueller 2499 days ago
Is this the tipping point that will start the recession?
3 comments

Doubt it. GE is small potatoes nowadays.
I'm not agreeing with the previous poster but GE is anything but small potatoes nowadays. They have over 100bn in debt and there's a very real case where they get downgraded to high yield which is a near death sentence for an industrial company of their size.
There’s much bigger problems with the economy than GE. See the yield curve inversion yesterday, the most reliable signal we have of a pending recession.
My bet is the trade war will be blamed as the reason for it. Looks like we're well underway.