Will the US economy lead the world into a global recession?
Whenever inflation exceeds 4% and unemployment falls below 5%, the US economy enters a recession in two years.
Exuberance and Optimism Keep Going
Information is not investment advice
Midday Market View
Russian health ministry has approved coronavirus vaccine developed by Moscow's Gamaleya Institute. He hopes Russia will start mass production of coronavirus vaccine very soon. European indices are hovering near 2% gains on the session now with US futures also creeping higher.
Midday Key Point
- Germany August ZEW survey current situation comes at -81.3 vs -69.5 than expected.
- Russia president Putin says have approved first Russian-produced coronavirus vaccine.
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