, saying a divided Congress is unlikely to be able to do anything to help the economy. Meanwhile corporate earnings forecasts are weakening, and he says they'll keep going down because the rest of the world economy is also weakening.Around the end of the year he thinks
. In his view, that would help European car companies and also encourage more economic growth in the EU.Cecchini says optimism around the potential trade deal was a big contributor to the rally in January and February. But he thinks it's now priced in, and that leaves investors with little to get excited about.
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Macy's shares rise after earnings and sales beat expectationsIt’s the ap!
Källa: MarketWatch - 🏆 3. / 97 Läs mer »
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Källa: MarketWatch - 🏆 3. / 97 Läs mer »