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The pessimistic outlook on the future of the U.S. economy is growing. A new poll, released by NBC/Wall Street Journal on Sunday, found more adults in the country believed the economy was headed towards a decline.

Thirty-three percent of adults predicted the economy will get worse over the next year while only 28 percent believed the economy would get better. The numbers indicated a sharp flip in economic thinking around the U.S. compared to how adults felt about the state of the economy in January of this year when 35 percent predicted the economy would improve in 2018 and 20 percent believed it would get worse.

The pessimistic outlook on the U.S. economy marked its highest point in five years.

The poll also questioned Trump’s approval rating, of which only 43 percent of those surveyed approved of the president’s job performance, down by just a few points compared to the 46 percent that approved of Trump’s performance in the same poll in November.

The majority of participants—52 percent—said they would not vote to re-elect Trump in the 2020 presidential race. Meanwhile, 38 percent said they would.

The poll surveyed 900 adults across the U.S. from December 9-12.

OTHER NEWS

China could switch to other tactics like barring U.S. service sector companies or intentionally driving down the value of its currency, Goldman Sachs economists said. The U.S. is threatening to put tariffs on $150 billion of Chinese goods, but China can’t retaliate in kind because it imported only $131 billion in U.S. goods last year. […]

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Mối lo ngại của Dalio là nợ đang tăng lên trong hệ thống và các nghĩa vụ khác có thể tạo ra “cú sốc” cho nền kinh tế và thị trường.

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