U.S. President Trump and President Xi of China met during the G20 meeting in Japan this week and agreed to restart trade talks between the two countries. Tariffs remain on $250 billion of Chinese imports but no new tariffs will be put in place for the time being. There is no time table for …
A double-shot of positive news lifted major market averages last week. Fed Chairman Jerome Powell reinforced his supportive posture to keep the U.S. economy growing and the White House announced President Trump and President Xi of China would meet during the G20 meeting in Japan at the end of this week. Both announcements supported …
The major market averages posted a second consecutive positive weekly return. With the lull between corporate earnings season, most movement came from macroeconomic data, politics, and some company commentary at investor conferences. Investors will have two big events to focus on for the balance of the month with the Federal Reserve meeting on June …
Continue reading “Will Key Meetings Satisfy Investor Expectations?”
Equities rallied last week as moderating economic data and Dovish comments from Federal Reserve Chairman Jerome Powell led investors to the conclusion that a short-term interest rate cut is on the horizon. The Fed Chairman’s speech on June 4th indicated the Fed would take appropriate action to maintain expansion of the economy in the …
Investors were surprised late last week by the announcement that the U.S. would impose a 5% tariff on all goods imported from Mexico and gradually increase them until the flow of illegal immigrants stopped. The economic and political uncertainty of this policy added to the uncertainty currently in the market from the U.S.—China trade …
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