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NewsWatch: Stock futures point to fourth-straight day of losses after Trump claims China ‘broke the deal’

MARKETWATCH FRONT PAGE

With U.S. and China set to begin trade negotiations on Thursday, markets get rattled anew after President Donald Trump tells a Florida rally that Beijing “broke the deal.” See full story.

A U.S. recession will knock this asset class hard, says Steve Eisman of ‘The Big Short’ fame

Our call of the day, from Steve Eisman, a hedge-fund trader who made money in the financial crisis by betting against risky mortgage products engineered by some of the world’s biggest banks, says corporate bonds will be at the center of pain for the next U.S. recession. See full story.

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