White House economic advisor Larry Kudlow said Thursday night that China and the U.S. were "" to signing a phase-one trade agreement. That was all Wall Street needed to push stocks to new all-time highs on Friday.
Kudlow's comments came after reports earlier this week suggested both sides were struggling with some of the terms in the phase-one agreement. The S&P 500 posted its sixth straight week of gains, while the Nasdaq notched a seven-week winning streak.
stevedream7 This is really enough..This government puts USA in a very funny situation.Are you that kind of desperate! Everyday,every hour, 'deal is almost done','its close'! If the deal is done,u may say it 1 time not 1000 times.This is suspicious. Something is going on. And smells not good
I think the bots are the only ones that care.
What trade information is Kudlow referring to? Is it the same (90% complete) trade info Mnuchin was referring to way back on June 25th?
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Kudlow hints that a trade deal is near, which is based on what? People are onto Trump manipulating the market, so he has his buddy Kudlow do it for him now. More Trump corruption!
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It went up
Dow hit 28k and we are all gonna go bananas and Trump is probably gonna tweet soon
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Source: CNBC - 🏆 12. / 72 Read more »