This week in the markets
breaking resistance in the US markets ( $Invesco QQQ Trust(QQQ.US$ $SPDR S&P 500 ETF(SPY.US$ )will be decided by the economic reports we see this week about the strength of the US economy and its ability to avoid recession. If we are surprised to the downside by GDP and to the upside on personal income and outlays which includes PCE, it could devastate consumer confidence and the forward outlook of the markets.
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