Strategists see Wall Street moving higher despite trade war risks: Reuters poll

NEW YORK - U.S. stocks will build on this year’s already strong gains over the rest of 2019 despite growing U.S.-China trade tensions that represent the biggest threat to the market, according to a Reuters poll of strategists.

Rising intensity in the trade war is likely the biggest risk since it could affect so many other areas, said Sam Stovall, chief investment strategist at CFRA. Adding to tensions, Washington effectively banned U.S. firms from doing business with Huawei Technologies Co Ltd, the world’s largest telecoms network gear maker, citing national security concerns.

“It’s kind of the risk du jour. Ultimately, the likelihood it actually hurts the economy enough to drive stock prices meaningfully lower is limited. The market right now is still quite healthy,” said Jonathan Golub, chief U.S. equity strategist at Credit Suisse in New York.

we have the best economy weve ever had. This is a technical correction nothing to do with trump. Trumps done amazing things but this market has been manipulated long time charts all jacked up. Soon as they fix technicals which is dec lows put ur seat belts on.🛫🚀🛸🛰

Because the economy is actually doing well & there are other more friendly options to lower cost manufacturing in The America’s, India and Pacific Rim. Time to quit funding the hostile Chinese Military expansion, we need to quit doing dumb things like supporting the Communists

This doesn't surprise me. But that doesn't mean most people's lives will improve.

Ok. Don't fight the FED. Unless FED announces a Stimulus, Global Markets will Likely continue to trend lower.

Hell

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