The stock market rallied to new all-time highs on Thursday after numerous reports onfirmed a phase one trade deal with China.
Fresh records for stocks and the start of a Santa Claus rally look to be in the offing as hopes rise that a phase 1 trade deal will be announced soon.
DoubleLine Capital CEO and Wall Street “Bond King” Jeffrey Gundlach is not worried about a possible recession in 2020.
Own stocks, thank the Fed and don’t expect the next U.S. recession to start anytime soon, says BCA Research
The U.S. economy could keep chugging along for another two years without a recession.