While this week’ events will include the start of President Trump’s second meeting with North Korean leader Kim Jong Un in Vietnam, it is talks with another Asian nation that Wall Street will be watching more intently.
The impending resolution (or lack thereof) of America’s trade disputes with China is weighing heavily on the market. As Trump has indefinitely pushed back the March 1st deadline on new tariffs, the market reacted positively, pushing higher and seemingly baking-in the anticipation of a new trade deal. Is there any more room for additional run-up, or have we reached the top? D.R. joined Fox Business’ After the Bell yesterday to discuss what needs to be accomplished in the trade talks to keep the market moving up.
Click below to watch…
I’ve always stressed the importance of paying attention to market narratives. Great profits can come from investing at the right time before expected outcomes. But it is the unknowns that can cause investors headaches.
I’ve said before in this newsletter that the market hates uncertainty. When the outcome of any event that could have a significant impact on the market is in doubt, every little headline – good or bad – can send the markets whipsawing up and down.
Today, I’m going to give you a video update on the three biggest uncertainties that the market is currently facing – namely the potential government shutdown, the President’s state of emergency declaration, and trade talks with China. I’ll be going over the likely scenarios and outcomes for each, and what it will mean for Wall Street.
Click below to watch the video and learn more.