Saturday, December 1, 2018

China agree trade war ceasefire after Trump, Xi summit

The market has been sitting on needles and pins awaiting today's trade meeting between Trump and China in Buenos Aires.  There was nothing on the news tonight but, about an hour ago, this story was posted on Reuters that apparently sings the praises of the meeting and declares an end to the trade war.  It is quite a lengthy article so I am supplying only the link, but Monday will tell whether investors agree with the good news here or instead we learn that unexpected and unwanted concessions were made.  But the news as presented here certainly does look hopeful.  Stay warm and dry on this cold and rainy weekend. 


Sat 12-1-18 U.S., China agree trade war ceasefire after Trump, Xi summit | Reuters


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