Don't Blame China Trade Truce Uncertainty, The Fed Undercuts The Market Again

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Don't believe the hype: today's reversal in equity markets has little, if anything, to do with this weekend's trade war ceasefire

 

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The tax break balloon already popped, the tariffs are effecting bottom lines, and the entire global economy is on shaky ground. But yeah...blame the Fed 😂😂

And i know my kind will be on my side, just dont believe the hype.

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Morgan Stanley joins the chorus of Apple price target cuts: 'China smartphone market to blame'Morgan Stanley slashed its price target on Apple to $236 a share from $253 a share on Friday. I’m always amazed at firms that provide weak forecasts AFTER a stock is battered. The number of analysts who correctly call a downturn on individual stocks in a stable overall market is probably in the single digits.
Source: CNBC - 🏆 12. / 72 Read more »