It’s a waiting game at present. We are waiting on a “Phase One” trade deal between the US and China. We are waiting for the President’s next step on auto tariffs. We are waiting to see if the Congress will ratify the US-Mexico-Canada trade agreement (USMCA) ahead of next year’s elections. The Fed is waiting to see what it should do next on monetary policy. Business is waiting to see if it should start investing again. Last week Congress couldn’t wait any longer to fund the government so did some ‘kicking the can down the road’ – providing funding but only for one month. We are all waiting on data to get a solid ... (full story)