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Ryan Nauman's Weekly Recap 02.24.20

With the coronavirus expanding to areas outside the China mainland, concerns regarding the ramifications on the global economy continue to grow. Starting next week with the consumer confidence prints, we will start to get some economic data that corresponds to the virus outbreak. The consumer has shouldered the economic expansion, and it will be very important for them to continue as the global economy is sure to take a hit due to the coronavirus. Additionally, some Federal Reserve officials will speak during the week ahead, which will be widely watched as markets are expecting the Federal Reserve to cut rates this year in response to the coronavirus.

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Ryan Nauman

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