World News: 12:00 GMT Saturday 18th May 2019. [Yahoo Business News Feed via SPi World News]
According to Morgan Stanley’s Mike Wilson, too much tit-for-tat creates the potential for a recession. Chris Harvey, head of equity strategy at Wells Fargo, predicts a mere 5% decline for the S&P 500. JPMorgan’s Marko Kolanovic says the index will surge to 3,200 in the best scenario and sink to 2,550 should talks crash.
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