Concerns about slowing global and local growth have already seen the Reserve Bank of Australia cut rates in October. Markets are nervous and reacting immediately and strongly to poor data releases. The China US trade tensions continue with even more restrictions mooted by the US.
Despite the announcement of a Congressional impeachment inquiry into President Trump it is expected to continue to have minimal negative impact on Wall Street given the expectation that it will be an extended political saga with many twists and turns ahead of the 2020 US Presidential election..
Article written 4 October 2019.
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