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But data on Friday showed France’s economy unexpectedly ground to a halt in the second quarter on the back of a sudden reversal in consumer spending and stagnating exports.
South of the border, stocks could be in for a calmer week, especially if economic data shows the United States is not headed for another recession.
“Every bit of data that shows the economy not slipping into recession is going to be the basis for the market to begin to calm down in the weeks ahead,” said Peter Cardillo, chief market economist at Rockwell Global Capital.
Originally posted by bargoose
As of thursday they will fall again.
And from around the 25th they will really drop.
It's doomed.
9th wave 5th night.