"With S&P 500 earnings on track for roughly zero growth from this time last year, solid returns likely would not have been possible without central bank support."
The highest earners saw confidence surge in November, but low income Americans declined...amid the impeachment debacle, Democrats confidence rose and Republicans fell...
"Although up on lows seen in the summer, business expectations for the future are still well below levels seen earlier in the year, reflecting heightened anxiety regarding trade wars and geopolitical uncertainty..."
"The market is looking for some bullish signal that things aren’t going to get worse and that we’re not going to see further deterioration in trade talks between the U.S. and China"
European equity investors, especially those betting on banking stocks, are gearing up for the new ECB President Christine Lagarde’s first public speech, at a banking conference today...