JPMORGAN, on Phase One: “While equity markets reached new highs on the news, it is unclear that much will really be gained from the deal other than partially unwinding some of the disruptions created earlier this year while leaving other uncertainties in place.”
If you were expecting a December resurgence rally, this is about the best combination of lift as you can expect - perception of Trade War and Brexit progress. Woe is the day that this fails to actually lift the markets
Here's what is happening in markets as Asia comes online to a busy news day
What’s ahead for the U.S. equity markets and economy in 2020? @LizAnnSonders shares her perspective:
Economic numbers looking REALLY good. Can you imagine if I had long term ZERO interest rates to play with like the past administration, rather than the rapidly raised normalized rates we have today. That would have been SO EASY! Still, markets up BIG since 2016 Election!
Reporting that Pres. Trump lied about phone calls with Chinese in order to boost markets shows dangerous behavior, the kind of manipulation that has sent people to prison. It also shows the Chinese his weakness and insecurity, which they are undoubtedly eager to exploit.
As I have stated many times, if the Democrats take over the House or Senate, there will be disruption to the Financial Markets. We won the Senate, they won the House. Things will settle down. They only want to impeach me because they know they can’t win in 2020, too much success!