Recession Fears Hit Wall Street Following Poor Economic Data From China And Germany

Wall Street was set to open sharply lower on Wednesday, as poor economic data from China and Germany put the focus back on the impact of a bruising Sino-U.S. trade war which is pushing some major economies towards the brink of recession.  The outlook for Germany’s export reliant economy was also grim and Chinese industrial output growth cooled to a more than 17-year low, adding to headwinds for U.S. multinationals that rely on global demand.  Read the rest of the story at HuffPost.