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Manufacturing a Mess

Manufacturing a mess. Stocks sank yesterday on trade fears and a not-so-surprising pullback in US manufacturing. China lodged a complaint about US tariffs to the WTO and bad economic numbers drove the selling in yesterday’s session.
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They’re Here!

They’re here! Stocks closed moderately higher on Friday finishing off a week of winding down trade tensions. Despite some undesirable economic data, stocks managed a positive close for the last week in August.
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In a relationship

In a relationship. Stocks rallied for a second straight day on renewed trade hopes as China appears to be holding out an olive branch. Despite some disappointing GDP figures and earnings results investors were elated that the US and China were talking again.
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Joy riding

Joy riding. Stocks rose yesterday as no bad news on trade hit the tape. Crazy UK politics was not enough to upset investors who took the glass half full view and bought equities.
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Seesaw.

Seesaw. Stocks reversed early gains yesterday to close in the red as the bond market challenged the President’s claims. No trade news left investors debating whether or not a phone call actually came from China over the weekend and ultimately the yeses lost.
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Up, down, to, and fro.

Up, down, to, and fro. Markets bounced yesterday on the President’s reporting that China wants a deal. In the wake of last Friday’s disastrous session for stocks, Trump's warmer tone offered a reprieve from the fear trade.
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