“Data today is expected to confirm U.S. economic sentiment is deteriorating, U.S. fiscal stimulus remains some way off, and a hard Brexit” is possible, Chatwell wrote in a note.
A barrage of policy and economic shifts will temporarily put an end to the outperformance of U.S. technology stocks and instead lift laggards such as banking and auto shares, according to strategists at Goldman Sachs. After this week’s summit in Brussels, U.K. Prime Minister Boris Johnson is expected to decide whether to pull out of talks and brace the country for a no-deal exit from the bloc.
In an extraordinary step taking effect Saturday, French President Emmanuel Macron will confine residents of nine of the country’s biggest cities to their homes between 9 p.m. and 6 a.m. for four weeks.
The only thing that will bring confidence back is to resist. The liberal government is purposely trying to destroy our economy for their own benefits. How about we say, this is OUR economy and we won't let it sink any further. How about we say, WE will resist.
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