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U.S. Economic Outlook Stays Near 3-Year Low: IBD/TIPP

From investors.com

Americans' views of the near-term U.S. economic outlook remain solidly pessimistic, edging up only slightly from a three-year low, the October IBD/TIPP Poll found. The weak reading came despite an easing of China trade war tensions that fueled last month's stock market gains. But the rally lost steam as weaker economic data last week seemed to confirm that growth has turned sluggish, though the Dow Jones slashed weekly losses in volatile action. The House Democrats' opening of a Trump impeachment inquiry also may have weighed on the outlook. The gauge of the six-month economic outlook ticked up a half-point to 43.5. ... (full story)

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