Tag Archive: trade deal

Trade Talks Maybe Not Going So Well?

Wall St. has seen major stock indexes make fresh all-tine highs recently. Stocks have pulled back a bit in recent trade, however, and are lower again today. The primary reason for the lack of upside follow through could be a lack of progress in U.S./China trade negotiations. Recent headlines on trade have taken a slightly more mixed tone, while ongoing unrest in Hong Kong could also potentially upset things further The U.S. House of Representatives on Wednesday passed two bills that may have upset Beijing.... Continue Reading

Another Sign of Strength

The gold market had a lackluster day overall. Prices were slightly higher in early afternoon trade as the bulls attempted to fight off numerous, bearish inputs that included stronger stocks, hopes for a U.S./China trade deal and more. The fact that gold did not, however, see any significant declines could be viewed as yet another important sign of strength. With stocks making a fresh all-time high today, selling was lackluster in the yellow metal. Stock investors appeared to be cheering on hopes for an initial... Continue Reading

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