Over the weekend, at the G-20 meeting, President’s Trump and Xi meet to discuss the trade tensions/Trade War between the U.S. and China. The gist of the meeting was that the Trade War will take a pause for 90 days. The world financial markets are hoping that these two leaders can come to a longer-term agreement during that time frame and these trade tensions will de-escalate.
You Might Also Like
Job Market Update
A few more data points Today, we got our second read on the job market while in the midst of the pandemic. Last week, 3.3 million people filed for unemployment […]
Another amazing jobs report!
Another Amazing Jobs Report!—-11/2/2018 Not only are we seeing continued jobs growth, but wages are now accelerating by more than a 3% clip. Unemployment rate at 3.7% is the best […]
China misses growth expectations
China Misses Growth Expectations—12/14/2018 China reported economic data that missed expectations and the market is selling off…again. This concern over global growth is the latest worry that has Wall Street’s […]
Mid-Terms Elections are done…market is rallying!
Mid-Term Elections are over…and the Market is rallying!!—11/7/2018 Last night saw the Democrats take control of the House and the Republicans retain control of the Senate. Historically, markets love a […]
Thank God for NY Fed President Williams!!!
After his 2nd blunder in 3 months, Fed Chair Powell was saved today by NY Fed Presdient Williams. President Williams was interviewed on CNBC today around 10:10 am. Up until […]
Super Tuesday
Per my last communication to all clients, I mentioned that the rise of Bernie Sanders was hurting stocks. As he gained in the polls, stocks (healthcare stocks in particular) were […]