Another day and another headline about U.S./China trade talks and the markets rally. Buy the rumor, sell the news? In other news, the consumer may just NOT be that strong after all. There’s some troubling signs in the auto market. Is this a harbinger of things to come? We discuss…
US/China Trade talks continue and with it, so does the volatility seen in the global markets. Markets are more and more driven by headlines as opposed to the dismal economic readings, as many are hanging onto hope for something positive from these talks. Additionally, the Brexit drama continues, and global central banks become the dove.
Following 7 weekly gains in the US indices, how much further do we have to go? Presidential tweets, Fed speak, and rumors of successful trade talks have gotten us here. Will they take us to further highs or are we in for a rude awakening? We discuss…