Succinct Summary: Cases are rising especially in the emerging economies and the IMF is projecting a deeper recession. Editor's Request: This weekly newsletter is made possible by donations from our readers. If you like what you are reading, click here to donate (Our suggested donation: $10 per month). Help us keep The Transcript going.
Succinct Summary: The consumer continues to show strength with higher holiday spending. Business spending isn't quite as strong though but companies, especially small businesses, are optimistic. As such, most CEOs don't expect a recession in 2020. Historically, presidential election years are usually good for the stock market.
Succinct Summary: The story has been the same for most of this year. Consumer spending and sentiment remains strong while business investment and sentiment stay weak. There may be signs of an industrial uptick in China though.