US economy dangers: trade fight, coronavirus, unemployment boost ending - Business Insider

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Opinion | The US economy look like it's bouncing back but there are still real dangers out there. By Neil Dutta of RenMacLLC

s have surged, folks are out and about and more businesses are reopening. The market's run-up has coincided with this economic rebound. However, as the recovery continues, the downside risks to the outlook are also climbing.In order to get a sense of the dangers, let's run down several risks facing the market today. Last year, the back-and-forth headlines about a possible trade deal between the US and China was an important driver of market sentiment.

Moreover, while Europe is in the news today, issues with China can flare up as the presidential election is in full swing. The end of next month will bring the expiration of enhanced unemployment insurance. Recall this program tacks an additional $600 per week to weekly jobless benefits.

 

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RenMacLLC You people dont get it.. Need to start spending money on junk and learn to really not feed the corporations and goverment that use that same money and tax against us. Its moder day slavery all usa working people no race all stand up to your reps.demand list

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