Despite the new burst of market volatility, long-time bull Edward Yardeni sees a return to all-time highs this year.
"I think it moves higher partly because there's a recognition that even companies that do business with China are going to find ways to deal with this escalating trade tension like moving some of their supply chains to other countries," said the Yardeni Research president Friday on CNBC's "Market volatility resumed Friday on reports of a stalemate between the U.S. and China on a resolution, and the major indexes ended the week in the red.
WallStJesus TradingNation Making groundless, idiotic predictions. China buys $300 billion worth of semiconductors each year. Where do you find a replacement buyer outside China? Unless Trump caves in to China conditions first to make a deal happen which I say he will.
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:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘Godfather’ of chart analysis says Wall Street shouldn’t bet on stock-market records anytime soonProminent market technician Ralph Acampora says Wall Street needs new highs for him to be confidently bullish about the outlook for the stock markets, after...
Source: MarketWatch - 🏆 3. / 97 Read more »
Trying to predict the market off the escalating trade war is 'truly insane,' Wall Street bull Tony Dwyer saysEscalating trade tensions should not wreck bull market, Canaccord's Tony Dwyer predicts (via TradingNation)
Source: CNBC - 🏆 12. / 72 Read more »
Markets Right Now: US stocks rise in early tradingNEW: Stocks are opening broadly higher on Wall Street as the market claws back some of the ground it lost in a big slide a day earlier. America First! Meanwhile, Trump is considering more tariffs, not less. ThisWeekABC Trump's tariff's explained. We win, they lose. China is taking a trillion dollars out of our economy every 2-3 years & rapidly building up its military. Tariffs will force manufacturing out of China to more friendly trading turf & slow China's plans to dominate the planet.
Source: ABC - 🏆 471. / 51 Read more »
Stock-market bears say don’t forget about this yield-curve signal as trade fears sink equitiesAn escalating, high-stakes tariff fight between the U.S. and China gets the blame for Monday’s financial market turmoil, but a long-term stock-market bear...
Source: MarketWatch - 🏆 3. / 97 Read more »
Market meltdown continues amid Trump's trade warWall Street saw a massive sell-off on Monday as investors responded to an escalating trade battle between the U.S. and China, after Beijing announced it would be slapping tit-for-tat tariffs on $60B of U.S. goods. The panel discusses. Morning_Joe Up 100 points at opening today.... Morning_Joe Wow, Ruhle is out of control with her guests today. Interrupting, talking over them. Not very professional. Morning_Joe Rep Tom Reed is a complete joke.
Source: MSNBC - 🏆 469. / 51 Read more »
The trade war may be just getting started, but the market damage is already doneWall Street is increasingly concerned that this more about the 2020 election than U.S.-China trade. BobPisani 2% drop for crying out loud. BobPisani 😂 they are pulling up despite danger... it’s insane fo destroy all small traders...
Source: CNBC - 🏆 12. / 72 Read more »
Fund managers ‘well-hedged’ against stock-market tumble, but not betting on trade breakdown: surveyGlobal fund managers are taking out protection against a sharp fall in equity markets, but aren’t positioning for a breakdown in trade talks, according to a monthly survey. Its already broken down lol
Source: MarketWatch - 🏆 3. / 97 Read more »
Trump’s trade war with China doesn’t bode well for an already shaky U.S. housing marketHomeowners looking to sell may have reason to grow increasingly concerned about President Trump’s deteriorating relationship with China. Fake news. The housing market is smoking hot. Trump doesn’t care.💩👺👹🤡
Source: MarketWatch - 🏆 3. / 97 Read more »
Apple is the 'poster child' for trade tensions and if its stock bounces, so could marketSome traders believe when Apple bounces, so will the market. The fearful dumb money sold last week as the smart money is buying this week
Source: CNBC - 🏆 12. / 72 Read more »