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President Donald Trump speaks with reporters before boarding Air Force One at Morristown Municipal Airport in Morristown, New Jersey, Sunday, Aug. 18, 2019. (AP Photo / Patrick Semansky)

The economists surveyed by the National Association for Business Economics, in a report released Monday, mostly didn’t share President Trump's optimistic outlook for the economy.

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In this Aug. 12, 2019, photo specialist Peter Mazza works at his post on the floor of the New York Stock Exchange. (AP Photo / Richard Drew, File)

Stocks of companies that do lots of business with China, such as chipmakers and other technology companies, are obvious candidates for investors to sell when trade worries rise. But investors are also looking beyond these first-order effects as they pick out which stocks look susceptible to the trade war. 

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In this Feb. 23, 2018 file photo, John Deere products, including a toy tractor on the sign, are on display at a home and garden trade show in Council Bluffs, Iowa. (AP Photo / Nati Harnik, File)

Deere & Co. cut its profit expectations for the second time this year as beleaguered farmers and an escalating trade war with China cut into sales.

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Specialist Thomas Schreck, left, and trader Patrick Casey, center, work on the floor of the New York Stock Exchange, Thursday, Aug. 15, 2019. Stocks are rising on Wall Street early Thursday on indications American consumers continue to spend and embrace online shopping. (AP Photo / Richard Drew)

Investors rode out another turbulent day on Wall Street that kept stock indexes flipping between gains and losses until a late-day bounce gave the market a modest gain. Local analysts weigh in on what it all means for consumers.

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In this Tuesday, Aug. 13, 2019, file photo trader Andrew Silverman works on the floor of the New York Stock Exchange. (AP Photo / Richard Drew, File)

Weak economic data around the world also unnerved investors, who flipped back into selling mode after driving a rally Tuesday on hopeful signals that the U.S.-China trade war may not be worsening so much.

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The Eccles Building in Washington D.C. serves as the headquarters of the Federal Reserve. (AgnosticPreachersKid / Wikimedia Commons)

While the U.S. economy continues its record-breaking expansion, some wonder whether the Fed reacted to softening global markets or perhaps even pressure from President Donald Trump.

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In this June 18, 2019, photo people walk past Fidelity Investments news scroll board, showing a favorable outlook in the US stock markets, in the Financial District of Boston. (AP Photo / Charles Krupa)

The Fed under Chairman Jerome Powell has signaled that rising economic pressures — notably from President Donald Trump’s trade wars and from a global slowdown — have become cause for concern. So has an inflation rate that remains chronically below the Fed’s target level.

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In this April 10, 2019, file photo a Boeing 737 MAX 8 airplane being built for India-based Jet Airways, top, lands following a test flight, Wednesday, April 10, 2019, at Boeing Field in Seattle. (AP Photo / Ted S. Warren, File)

Boeing’s CEO says the company will consider temporarily shutting down production of the 737 Max if the plane’s return is significantly delayed beyond the company’s October forecast.

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In this Jan. 23, 2019, photo employees walk up a ramp toward a ramp where a United Airlines jet is parked at a gate Newark Liberty International Airport in Newark, New Jersey. (AP Photo / Julio Cortez)

United said Tuesday that its second-quarter profit soared 54%, to $1.05 billion. The results beat expectations, and United slightly raised its forecast of full-year profit.

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(Pixabay)

Local economists Michael Miller and Edward Stuart debate the new report on the nation’s big job gains – and where interest rates may be heading.

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(kaleido-dp / Pixabay)

Mayor Lori Lightfoot has been upfront recently that city residents should expect to pay more in taxes to help fill persistent budget holes. One she’s eyeing? A tax on services.

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This Jan. 24, 2015, file photo, shows the exterior of AbbVie, in Lake Bluff, Illinois. (AP Photo / Nam Y. Huh, File)

The two pharmaceutical companies have little in common, save for a desire to reinvigorate growth that has sputtered. 

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Federal Reserve Chairman Jerome Powell speaks Tuesday, June 4, 2019 at a conference involving its review of its interest-rate policy strategy and communications in Chicago. (AP Photo / Kiichiro Sato)

Chairman Jerome Powell didn’t explicitly say what the Federal Reserve would do. But expectations are rising that the Fed will cut rates at least once and possibly two or more times before year’s end, in part because of the consequences of the trade war. 

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In this May 10, 2019, file photo John Deere Agricultural machinery made by Deere & Company sits staged for transport near cranes at the Port of Tacoma in Tacoma, Washington. (AP Photo / Ted S. Warren, File)

Deere cut its profit and sales expectations for the year as a trade war between the U.S. and China escalates and farmers try to recover from a planting season besieged by heavy rains.

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(nosheep / Pixabay)

A new poll finds the majority of millennials – those born between 1980 and 2000 – are hopeful about their economic future, even though only one-third have career jobs.

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In this Aug. 8, 2018, file photo employees stand in McDonald’s Chicago flagship restaurant. (AP Photo / Nam Y. Huh, File)

McDonald’s turned to a sure thing in the first quarter, bacon, and it paid off. Global sales rose 5.4% at stores open at least a year, a key metric of a retailer’s health. 

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