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Turkish crisis, US retail earnings to set direction
Observers see short-lived fallout from Turkish distress; Walmart could show economic war impact on Trump base
Published Sun, Aug 12, 2018 · 09:50 PM
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CAN growth accelerate in the US while economies in the rest of the world slow down?
The fate of the bull market in stocks may hinge on the answer to that very question as US President Donald Trump goes to economic war on several fronts.
US stocks fell slightly last week as excitement about the strongest quarters for earnings in the last decade gave way to fears about a currency crisis in Turkey.
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