"This has been the thing that, personally, I've been looking for all year," said Kim Forrest, founder of Bokeh Capital, referring to the trade agreement. "Increased trade is going to allow companies to start spending again on capital expenditures. That had been frozen, and most of most of those are technology purchases.", led by a 3.4% gain in Micron Technology and a 4.1% jump in Western Digital. Goldman Sachs helped the Dow reach an all-time high, rising 1.4%.
The U.S. and China announced Friday they will move forward with a so-called phase one trade deal. As part of the agreement, the U.S. will roll back some levies on Chinese products and China will increase its purchases of U.S. agricultural products.
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Indeed, just like I’ve stated it would
Will the SEC have the teeth to investigate price manipulation from the White House? The stock market is so disconnected from reality at this point it’s just the algorithms buying and selling the dips and highs
The higher it goes the harder it will fall.
best recession ever….
trade deal really close?
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