8 February 2019

1) The EU (European Union) has declared they will not negotiate the Brexit deal with Britain. There are only fifty days remaining before Brexit automatically happens.

2) Optimism fades over China-US trade talks stalling, which caused domestic market to dip down. The administration is considering another tax cut this next year for middle American’s.

3) The growth forecast for the EU is down because of the trade war and global tensions plus the slowdown of China’s economy.

4) 7 FEB 19    Stock market closings:

Dow                  25,169.53    down     220.77
Nasdaq              7,288.35    down       86.93
S&P 500              2,706.05   down       25.56

10 Year Yield:     down   at    2.65%

Oil:    down   at    $52.54

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