. What the logic was small caps will generally do better than large caps if there are increased trade tensions, " he said "At the same time, emerging [markets] will likely do best if they [the U.S. and China] do reach an agreement that there aren't massive trade tariffs and that economic growth continues on a reasonable track."
According to Ablin, the S&P 500 should close the year as much as 8% above current levels. He believes next year will also be a winning year for investors. "I take some comfort in President Trump's petulant nature," Ablin said. "At some point during the course of 2020, he is going to need the stock market to rally. He is going to have to demonstrate that he's making progress in the economy going into that re-election season."
FuturesNow This has come too early for Never Trump. It is optimism time until it is closer to the election. It is a dangerous game.
FuturesNow Buy the dip they think but bears are bears.