INVESTORS, WATCH OUT: OPTIMISM OVER U.S.-CHINA TRADE DEAL COULD EASILY TURN INTO PESSIMISM $SPY $DIA $DJIA $GDX $SLV $MU $AAPL $AMD $AMZN $INTC $MSFT $NVDA $FB
There are two pieces of news on the U.S.-China trade deal for investors to know today. First, China is promising more protection for intellectual property. Second, despite contradictory media reports about a trade deal, there is some credibility to Gao Lingyun, an expert who is apparently close to the trade talks, saying that the “two sides have reached a broad consensus” for the first part of an agreement. Wall Street is optimistic. Stocks are up — at a new record, in fact. How should investors think about these positive reports on trade? Let’s explore the issue with the help of two charts.