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Back to the Well Again

From marctomarket.com

After slapping punitive tariffs on structural from China and Mexico last week, US President Trump threatened to end the tariff truce with China because it is not stepped up its purchases of US agriculture products. Trump said the tariff freeze was in exchange for ag purchases, but at the time it seemed as if granting licenses to US companies to sell to Huawei was the quid pro quo. In any event, the comments helped snap a five-day advance of the S&P 500 and equities continued to trade softly in Asia. Only bourses in India, Australia, and Singapore found traction. European equities, perhaps anticipating stimulus as soon ... (full story)

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  • Category: Fundamental Analysis