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European shares seen slightly higher with Brexit, Fed in focus; UK GDP dueStocks in Europe are poised to open slightly higher on Friday morning as investors try to navigate through political uncertainty.
Source: CNBC - 🏆 12. / 72 Read more »
N.Y. Fed reduces U.S. first-quarter GDP growth view to 2.2 percentThe U.S. economy is expanding at a 2.17 percent pace in the first quarter based ... Says slow down! Someone should share with Mulvaney and that other Trump clown popping off about how they were sure they were going to be over 3%... Still higher than any 8 years under Obama.
Source: Reuters - 🏆 2. / 97 Read more »
A Fed pause won't be the Fed riding to the rescue, says Bessemer CIO'Eyes wide open.' Bessemer Trust CIO Rebecca Patterson says she has a more bullish outlook for 2019, but doesn't think we're 'necessarily out of the woods. I want to temper my enthusiasm a bit.' Did she have a more bullish outlook for 2018, perchance?
Source: CNBC - 🏆 12. / 72 Read more »
Former Dallas Fed President: Fed will focus on real economy, not markets'They will adjust, they will be flexible, they will be patient,' Fmr. Dallas Fed President Richard Fisher said he doesn't understand why the market is so nervous about Fed policy decisions. 'This is standard Federal Reserve rhetoric.' Trying to wreck Trump's Economic Rally How is it possible that Powell and the fed board talk so much while saying so little. They should just release an emoji once a year. 👍👎 It was the 233% increase in rates in 21 months with promises of more that was problematic! 🙄
Source: CNBC - 🏆 12. / 72 Read more »