Stocks rose on Friday – immediate reason given: Hope that a US-China tariff deal would be struck. Dow has gone over 26,000. Thus regaining ground lost on losses that started in August. That could mean a psychological barrier may have been reached, or not.IT has been nine straight weeks of oomph, the best start of year advance in 30 years. A turnaround dramatis. Besides hope for trade talks, Fed rate easing and better than expected corporate earnings reports are given as underlyings.
Bonds could be impacted – their run-up curbed. Investors are waiting for
News to break out of trading range it has been opined. There isnt alot of movable data says Kevin Giddis at Raymond James. Bond investors would like to see news of recession, but the world is not seeing such. The stock rise signaled a rally in risk assets that had been showing signs of wavering. The tariff rumors are noise - and what underlies is a blur.
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