Stocks are soaring on fresh hopes of a 'tidal wave' of government stimulus and an end to the US-China trade war

Asian and European equities and US futures jumped on Monday as traders bet on a surge of government stimulus and celebrated a better outlook for the US-China trade war. China announced reforms to interest rates, Germany indicated it could find $55 billion to combat recession, and US Fed Chair Jerome Powell could signal further cuts to interest rates in a speech later this week.

Asian and European equities and US futures jumped on Monday as traders bet on a surge of government stimulus and celebrated a better outlook for the US-China trade war. China announced reforms to interest rates, Germany indicated it could find $55 billion to combat recession, and US Fed Chair Jerome Powell could signal further cuts to interest rates in a speech later this week.

Pump, pump.

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Asia stocks gain as China rates tweak lifts investor moodAsian stocks tracked the Wall Street rally on Monday and found an extra tailwind...
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Small business confidence drops to a low as U.S.–China trade war rattles Main StreetSmall business owners across the nation are worried about the U.S.–China trade war. The CNBC|SurveyMonkey Small Business Survey for the third quarter finds confidence dropping to a level it has not seen since 2017, matching an all-time low. MakeIt Oh man. Well we should just keep losing hundreds of billions a year to China then.... MakeIt Still not the consumer LOL MakeIt 2007 50% no effect. 2019 49% no effect. so no effect. BTW, buy from elsewhere other than funding the superpower dictatorship in human history!
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »