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This may be the<\/em> pivotal week of 2019. Thursday night, Boris Johnson’s Conservatives won a majority in the U.K. election<\/a>, which amounted to a second referendum on Brexit, three-and-a-half years after the first. The UK pound spiked and FTSE closed Friday up 1.3%. Now, Johnson has enough seats to push his legislation through the British parliament and to finally exit the E.U. by January 31.<\/p>\n Meanwhile, both China and America confirmed that they had agreed to phase one of a trade deal and that Sunday’s tariffs were now off the table. A report late-Thursday actually excited after-hours traders, but a Trump tweet early Friday, denying he was rolling back tariffs, erased gains in the futures. Only when China confirmed phase one at a news conference at 10:00 am E.S.T. Friday did markets get their confirmation.<\/p>\n But China as well as Trump offered no details, just confirmation that phase one was reached. The S&P and Down actually closed flat, though the Nasdaq made a record close. In fact, the TSX closed higher, up half-a-point and crossing 17,000. Two of the biggest gainers were Power Corp<\/a>. and Power Financial<\/a>. The Desmarais<\/a> brothers announced they were stepping down as co-CEO’s of Power Corp. and merging their asset management and insurance businesses. PWF shot up 9.92% and POW by 7.9%, but neither has regained its heights before the 2008 recession.<\/p>\n 🏛 Power Corp<\/a> +7.90% This week, you missed Past Top Picks comments by Teal Linde including Air Lease (A Top Pick Dec 10\/18, Up 27%) Get Premium to receive all past top picks opinions a few hours before market open. This may be the […]<\/p>\n","protected":false},"author":12,"featured_media":345019,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"No","cwp_rev_product_name":"","cwp_rev_product_image":"","wppr_links":[],"cwp_rev_price":"","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[178],"tags":[276,126,258,424,438,382,220,218,433,235],"class_list":["post-132186","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily","tag-brexit","tag-china","tag-eu","tag-european-union","tag-power-group","tag-trade-deal","tag-trade-war","tag-trump","tag-uk-election","tag-washington"],"wppr_data":{"cwp_meta_box_check":"No"},"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/132186","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=132186"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/132186\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/345019"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=132186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=132186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=132186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n🏛 Power Financial Corp<\/a> +9.92%<\/p>\n","protected":false},"excerpt":{"rendered":"