News Formal

‘Art of the Deal’ or a serious breakdown in trade talks? Stocks point to the latter

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

White House economic adviser Larry Kudlow, in a tweet that put an awkward exclamation point on Friday’s stock-market rally, cheered “we’re killing it on the economy” and it’s “totally awesome.” In the first trading session since that tweet went viral, it certainly doesn’t feel totally awesome for traders who were anticipating good news on the trade front.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Trump has been publicly stating that the China talks are going very well. My guess is that he saw this as a way for he and his comrades to make some money on a bearish trade.

THIS is what will happen to stocks thanks to Trump's 25% tariffs:

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Curaleaf leads cannabis stocks higher after unveiling its latest all-stock dealCuraleaf Holdings Inc. shares soared Wednesday to lead the cannabis sector higher, after the company announced it is acquiring Cura Partners, the parent of...
Source: MarketWatch - 🏆 3. / 97 Read more »