Rolling coverage of the latest economic and financial news on the final trading day of 2019 * Latest: FTSE 100 jumped by 12% in 2019 * Introduction: Global stocks have surged by 24% this year * Best year for MSCI World Index since 2009 * China’s CSI300 index jumped 36% 2.04pm GMT DONALD TRUMP’S TRADE ADVISOR, PETER NAVARRO, HAS PREDICTED THAT MARKETS WILL KEEP RALLYING IN 2020. Speaking on CNBC, Navarro predicted the Dow would jump to 32,000, from 28,462 last night. That would be a gain of 12%, on top of the 22% gains seen in 2019. The Dow will hit 32,000 in 2020, White House trade advisor Peter Navarro predicts. “It’s going to be the roaring 2020s next year.” https://t.co/FrKYc1sGJG pic.twitter.com/yA604k3cb2 1.56pm GMT NEWSFLASH: GREECE’S STOCK MARKET HAS ENDED 2019 UP A REMARKABLE 50%. “One stone at a time, we’re setting the foundations of the country’s regeneration.” Continue reading...
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