Judging by the US stock market, the economic outlook is optimistic in no trivial degree. The S&P 500 Index rose for a fifth straight day on Monday (Nov. 18), ticking up to another record high. Taking a cue from the party atmosphere on Wall Street, Goldman Sachs’ chief equity strategist expects the sluggish US economy will improve in 2020.
Daily Archives: Nov 19, 2019 at 06:56 am EST
Macro Briefing | 19 November 2019
US shifts policy and backs Israeli on settlements in West Bank: WSJ
Dems release new transcripts ahead of today’s impeachment hearings: The Hill
Fed Chairman Powell met with Trump on Monday: USA Today
Pimco: US and China may sign ‘phase one’ trade deal before Christmas: CNBC
Goldman Sachs expects US economic growth to pick up in 2020: CNBC
US home builder sentiment remains near post-recession high in November: CNBC