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Deal or no-deal?By: Veneta Dimitrova |
A mini U.S.-China trade deal would boost consumer confidence and spending and backstop the declines in manufacturing and capex. A deal would reduce the risk of U.S. recession in the near-term. But the lack of details and limited scope of the deal leave room for potential whipsaw in financial markets in the weeks ahead.Ned Davis Research | Economics | U.S. Focus | Monthly
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