As a possible trade deal gets closer, investors are less fearful of a recession and interest rates are in a new trend higher.Bond yields have moved dramatically back and forth since last week’s Fed meeting, but they have moved higher most recently on reports that the U.S. and China are close to a phase one trade deal. Also, as the worst fears of a trade war have lifted, there has been a gradual...
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U.S. markets opened at fresh record highs to start Monday’s action amid increasing optimism on trade. Commerce Secretary Wilbur Ross reiterated over the weekend that good progress was being made on a phase one deal with China and also suggested the U.S may not need to impose EU auto tariffs.The Nasdaq was up for the 3rd time in 4 sessions after rising 0.6% while trading to an intraday high of...
Continue reading >>Keep an eye on Johnson & Johnson (JNJ). One of my favorite ways to make money is by waiting on excessive fear. Look at Johnson & Johnson (JNJ) for example. In October 2019, the stock began to plunge out of the sky. Investors feared the worst. All after the company recalled a single lot of Johnson’s Baby Powder. In fact, according to the company’s press...
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U.S. markets opened at fresh record highs to start Monday’s action amid increasing optimism on trade. Commerce Secretary Wilbur Ross reiterated over the weekend that good progress was being made on a phase one deal with China and also suggested the U.S may not need to impose EU auto tariffs.The Nasdaq was up for the 3rd time in 4 sessions after rising 0.6% while trading to an intraday high of...
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