- up 1,6.53 points
- up 0.51%
- closed at 3,239.91
- intra-day high: 3,240.08
- 52-week high: 3,240.08
- up 69.51 points
- up 0.785
- closed at 9,022.39 (first time ever over 9,000)
- intra-day high: 9,022.46
- 52-week high: 9,022.46
- up 105.94 points
- up 0.37%
- closed at 28,621.39
- intra-day high: 28,624.10
- 52-week high: 28,624.10
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Four Biggest Economies In Europe: Will Struggle To Recover In 2020 -- Barron's
Data points from the article (paywall; access through Starbucks):
- UK will leave the EU at the end of January, 2020
- Boris will look to clinch an economic deal before the end of 2020
- UK's hope: inflation will remain low ('cause the economy won't grow) and then the Bank of England can lower rates -- LOL -- if the economy takes a turn for the worse)
- the UK at least has a stable government (Boris' landslide); not the same can be said for:
- Germany: leadership split among two parties; political paralysis likely
- Germany's unemployment barely more than 3% so unlikely it would incentivize fiscal expansion
- France: EU's strongest growth rate;
- same problem as Germayn -- political paralysis
- Italy: will continue to underperform
- staggering under a debt load topping 130% of GDP
- (is US debt load about 105% of GDP?)
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