TommyIV's TSP Talk Blog

'Phase One' of the U.S. and China trade deal ended stocks three week losing streak. Well the promise of progress is what drove stocks higher Friday and out of negative territory for the week. The details of what President Trump called 'Phase One' went public 20 minutes before Friday's close and it sparked a sell the news reaction into the close putting stocks about where they opened. The deal made for now was essentially China promises to buy more U.S. agricultural products while the U.S. will postpone ...