DJIA and S&P 500 Plunge, but We’re not Panicking

Meghan Shue |
Wilmington Wire
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October 11, 2018— Hurricane Michael is not the only thing leaving a wake of destruction in its path. The stock market has also experienced a swift correction that has spared few stocks, sectors, or regions—with weakness extending into European and Asian markets. The S&P 500 had its worst day since March, and the Dow Jones Industrial

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Deal or No-Deal: The UK and EU Approach Crunch Time on Brexit

Clement K. Miller |
Wilmington Wire
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October 5, 2018— On March 29, 2019, the UK officially leaves the EU, 33 months after the June 23, 2016 referendum. Fortunately, the referendum triggered a depreciation of pound sterling that has boosted the international competitiveness of UK goods exporters (Figure 1).  Moreover, since the referendum, UK firms have been assiduously preparing for post-Brexit challenges, even

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U.S.–Mexico–Canada Agreement: Phoenix rising out of the ashes of tariff wars?

Rhea Thomas |
Wilmington Wire
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October 2, 2018— After weeks of bargaining, surrounded by bluster and grandstanding suggesting that the demise of NAFTA as a trilateral agreement might have been near, Canada and the United States were able strike a deal at the eleventh hour on September 30 in an attempt to salvage NAFTA, just over a month after Mexico

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