By Bryan Bottarelli As we kick off another trading week, let’s begin by addressing the “Washington Risk” that’s now dictating the minute-by-minute moves of the stock market every day.
By “Washington Risk,” I mean that the news out of Washington (specifically the current U.S.-China trade negotiations) now has 100% influence on the minute-by-minute movements of the major market averages.
So let’s quickly summarize where I believe everything stands…
First off, we’re starting to hear rumblings that the “Phase 1” trade deal the market celebrated last week may not be as strong as we were led to believe.
Secondly, last week’s deal is now being viewed as a …read more
