FBC Varney Company July 13, 2024
Economic outlook remains favorable. Plain english, no recession on the horizon. Growth continues. Top banker jamie dimon joined the optimist club. Growth will continue, he says, and he expects a phase one trade deal with china. This week, we reported on jpmorgans call for market rally next year and Goldman Sachs call for a Strong Economy next year. 2020 looking good. Todays Market Action is somewhat clouded by the uncertainty of whether or not theres going to be what the results will be of that white house trade meeting. The dow will be down 30, 40 points. Small loss for the s p. Small loss fo...