has taken note of President Donald Trump's newfound optimism but remains skeptical of the odds that leaders of the U.S. and China will sign on a trade deal in the near future.host on Thursday revealed a basket of stocks that he thinks will be buoyed by the teased agreement.
"I still think the best way to bet on a trade deal is by presuming something's going to go wrong, even after today's encouraging developments," he said, adding he would rather own "stocks that have nothing to do with the trade war, but I know people have been demanding this list."and that both sides wanted to land one. That comes after weeks of the president's exclamations that China needs the trade war to end more than the U.S. does.
The Trump administration is said to have reached a long-discussed "phase one" deal that would throw out the next round of tariffs on about $160 billion in Chinese imports, set to go into effect on Sunday, and potentially reduce existing duties on $360 billion worth of items.
Short them if you think this is another faux deal ?
You know the drill boys, inverse Cramer
$GE
What about energy stock
pump news
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