Friday, September 27, 2019

U.S. Stocks Edge Higher; Greenback Declines: Markets Wrap

This article addresses the concern consumer spending in the U.S economy has slowed down and that happening because this could cause the whole economy to go downhill very quickly. Other sources also address this concern due to the all of the things going on with the trade war and the fluctuations in oil prices. Yet this article does add a positive spin on the whole thing for the US because investment in the U.S is still growing more than other countries. Also, the fourth quarter tends to be the busiest in consumer spending so the consumer could put all the concerns to bed with a strong end to the year. With all that being said, how do you see the next couple of months panning out in regards to consumer spending and investment in the U.S?

Link to Article: https://www.bloomberg.com/news/articles/2019-09-26/asia-stocks-set-for-mixed-start-treasuries-rise-markets-wrap?srnd=premium

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