Is the market sensitive to USA/China trade relations? I figured there would be a negative reaction to this news...but who knows...
China tells state firms to halt purchases of major U.S. farm products: sources - Reuters
Are CFOs on the wrong page?
The Dow will fall back to coronavirus crash level below 19,000 before new high: CFO survey
https://www.cnbc.com/2020/06/01/the-...9000-cfos.htmlJust over half (51%) of global CFOs surveyed by CNBC expect the Dow to fall back below 19,000 before it is able to reach a new stock market high.
A major U.S. consumer demand slump was cited by many respondents to the Q2 CNBC Global CFO Council survey.
But there are stock market bulls, especially among U.S.-based CFOs, with roughly one-third saying the market can reach a new record level without experiencing the double dip that has many investors worried.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Is the market sensitive to USA/China trade relations? I figured there would be a negative reaction to this news...but who knows...
China tells state firms to halt purchases of major U.S. farm products: sources - Reuters
Video also says CFO's see only 20% of people working from home by labor day, down from 53% today. Hoping I'm in the 20%, and the kids are back to school.
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