Traders work before the closing bell at the New York Stock Exchange (NYSE) on August 14, 2019 in New York City. - It was an ugly day for Wall Street, as stocks plummeted Wednesday amid worsening economic fears after US Treasury yields briefly inverted, flashing a warning sign for a coming recession. But US President Donald Trump once again blamed the Fed for the economic woes and the yield curve inversion, saying the US central bank is a bigger threat than China and is "clueless." The Dow Jones Industrial Average fell 3.1 percent to finish at 25,479.42, a loss of about 800 points -- its worst day of 2019. (Photo by Johannes EISELE / AFP) (Photo credit should read JOHANNES EISELE/AFP/Getty Images)
HOBOKEN, NJ - AUG 17: One World Trade Center rises above low clouds as they pass through lower Manhattan at sunrise in New York City on August 17, 2019, as seen from Hoboken, New Jersey. (Photo by Gary Hershorn/Getty Images)
Trucks drive past gantry cranes at the Yangshan Deepwater Port, operated by Shanghai International Port Group Co. (SIPG), in the early morning in Shanghai, China, on Wednesday, Aug. 7, 2019. Trump's threat to raise tariffs on all Chinese goods last week shattered a truce reached with Xi just weeks earlier, unleashing tit-for-tat actions on trade and currency policy that risk accelerating a wider geopolitical fight between the world's biggest economies.
