https://www.cnbc.com/2019/10/31/us-s...rate-cuts.htmlStocks fell Thursday despite better-than-expected earnings from Facebook and Apple and the Federal Reserve’s third rate cut of 2019. Investors took a pause and turned their focus to U.S.-China trade negotiations.
“Whenever you see a lowering of trade-deal expectations, it’s going to upset markets,” said Jeff Kilburg, CEO of KKM Financial. “Here we are at new all-time highs, so the sensitivity to any type of headwind in the U.S.-China trade tariff negotiations is going to be an overreaction.”
Tom
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