In fact, the market seems to be worrying more about China and the state of the U.S. economy than impeachment, according to Sevens Report’s Tom Essaye. U.S./China trade remains the singular most important issue facing this market, and as long as markets have ‘hope’ of a U.S./China trade ‘truce,’ it’ll be hard to…” he writes.
“Futures are higher with most overseas markets thanks to positive trade headlines…” writes the Sevens Reports’ Tom Essaye. Click here to read the article.
And maybe that’s because there’s still so much uncertainty out there regarding trade? Yes, the U.S. has exempted more than 400 goods from tariffs, and come as both the two sides get ready for October negotiations. “On U.S./China trade, the staffer meeting in preparation for the October meeting will continue, and absent any ‘real’ news today any chatter that’s positive on…” writes The Sevens Reports’ Tom Essaye. Click here to read the full article.
“Bottom line for the Fed, if today’s events turn out to be net-hawkish, that will weigh on risk assets as investors remain overly optimistic about an aggressive easing cycle over the coming…” writes The Sevens Report’s Tom Essaye. Click here to read the full article.
Tom Essaye Quoted in Barron’s on May 31, 2019.
Investors have to consider what Tom Essaye calls the “worst case scenario.” In this case, the governments of Mexico and China decide to wait until the next election…click here to read the full article.
Tom Essaye quoted in Barron’s on May 21, 2019. “Today’s news was a positive development, but by no means a game-changer for the broader Huawei situation…” Click here to read the full article.
Tom Essaye quoted in Barron’s on May 20, 2019. “Several U.S. tech firms have stopped conducting business with Huawei, per the…” Click here to read the full article.
Keep an eye on how the market overall responds to Wednesday’s drop. “Traders will be focused on whether the S&P 500 can hold yesterday’s low…” Click here to read the full Barron’s article.
Tyler Richey Quoted in Barron’s on April 18, 2019. The $33 billion deal “refocused the energy markets on the U.S. shale industry…and Russia took notice as the nation’s finance minister…” Click here to read the full article.
“It is a very quiet morning with stock futures trading slightly lower while most overseas markets edged higher overnight as investors look ahead to catalysts later in the week,” writes The Sevens Report’s Tom Essaye. Click here to read the full article.