Posturing
Markets sold off on Monday and Tuesday off after negative comments from President Trump saying the China trade agreement may not be reached until after the 2020 election. He put tariffs on Brazilian and Argentinean steel due to their weakening currencies. He also threatened to impose tariffs on France over their digital-services tax believed to […]
Good Data and Apparent Trade Progress
U.S. Stocks ended the holiday shortened week mostly higher, with emerging markets ending down. Despite China’s protest over the Hong Kong resolution, they made positive comments about reaching a phase 1 trade deal and this helped boost stocks. Also, ratification of the USMCA trade deal appears to be making progress through Congress as tweaks to […]
