Stocks should rally if the U.S. and China agree to new negotiations and a ceasefire in the trade war, but the economic impact of tariffs will continue.Market Insiderread more
Democrats want Mueller's testimony on his probe into Russian interference in the 2016 election and Trump's efforts to influence it.Politicsread more
The trade war between Beijing and Washington appears to have depressed Chinese property purchases in the United States. China's own actions may also be playing a role.Real Estateread more
Tesla CEO Elon Musk sent out another email to his employees, pushing them to aim for a record number of vehicle deliveries to end the second quarter of 2019.Technologyread more
More than 300 companies are talking to government officials in Washington about how detrimental the trade war is.Marketsread more
Powell stresses the central bank's independence in a speech that comes amid continuous pressure from the White House to cut interest rates.The Fedread more
The Senate is expected to pass its own version of the border aid legislation, while the Trump administration has threatened to veto both bills.Politicsread more
Stocks in Asia were tepid on Wednesday afternoon after U.S. Federal Reserve Chairman Jerome Powell tempered expectations for a potential interest rate cut.Asia Marketsread more
The purchase confirms Apple's continued interest in self-driving car software, and it will bolster Apple's engineering ranks with additional employees who can build autonomous...Technologyread more
More than 1,000 protesters marched to major foreign consulates on Wednesday calling on leaders at the upcoming G-20 summit to raise the plight of Hong Kong with China and to...World Politicsread more
In a text message, Grisham confirmed to CNBC that she will still be working for the first lady even as she takes on her new roles.Politicsread more
One investment bank is urging investors to prepare for the U.S. economy to roll over as early as 2018.
"The US economy will in all likelihood slow down substantially: there is a limit to the rise in the participation rate and the employment rate; real wages are slowing down," wrote Patrick Artus, chief economist at Natixis, on Tuesday. "Investors should therefore prepare for the consequences."
Consequences of this slowdown, notes Artus, include a brief rise in interest rates, a market sell-off and a depreciating dollar.
Natixis is a French corporate and investment bank headquartered in Paris. Natixis Global Asset Management oversees roughly $950 billion, according to its website.
The analyst also called the current level of corporate investment "abnormally high" and suggested a downward correction.
To be sure, the more mainstream investment banks on Wall Street are not nearly as pessimistic. Wall Street foresees a positive 2.5 percent change in GDP in the third quarter year over year, according to the consensus estimate collected by Thomson Reuters. The Bureau of Economic Analysis will release GDP number on Friday before the bell.
And none of the major banks see a recession on the horizon.
The American people are even more bullish. According to CNBC's All-American Economic Survey, optimism about the economy hit an all-time high earlier this month. Forty-three percent of the public believes the economy is in excellent or good condition while the four-quarter average for every major economic metric in the poll is at a record 10-year high.
Goldman Sachs is probably the most bearish on the U.S. economy among major firms, predicting 3.9 percent annual global growth through 2020, but that U.S. growth will decelerate to just 1.5 percent annually over that time.
Economic growth has been a hot topic in national politics as well. President Donald Trump has repeatedly touted the 3 percent growth target as a cornerstone of his economic plan, calling for new tax cuts to push output higher.
Republican House Speaker Paul Ryan told CNBC in September that "You're not going to get 3 percent [economic] growth in 2018 if you don't get [tax reform] done in 2017."
Natixis has a warning for clients in the note, "If US growth slows down markedly ... equity valuation and share prices will start falling."