Tom Lee believes it’s very likely that the bottom for stocks this year is behind us, calling for a “full risk-on” market in the second half of the year.
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Fundstrat’s Tom Lee says the lows for 2022 are in, calls for a full risk-on rally in second half
World
Trump China trade deal: Tariff pause means new surge in freight shipments, and higher prices
Another surge in trade from China to the U.S. should be getting underway, according to retailers and logistics executives, as the initial trade deal struck by the U.S. and China leads importers to move forward with shipments during the 90-day pause on the steepest tariffs implemented by President Donald Trump. On Monday, the U.S. and […]
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Expect China to help Trump on fentanyl, TikTok and midterm elections, says Evercore ISI strategist
U.S. President Donald Trump could have the upper hand in subsequent trade talks with China as the nations hammer out further negotiations, according to Neo Wang, lead China economist and strategist at Evercore ISI. The U.S. negotiated a long-awaited deal this weekend with China, resulting in both trade partners suspending most tariffs on each other’s goods. […]
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World
European stocks close higher after U.S.-China deal to cut tariffs
European stocks close higher European stocks closed higher Monday following news that the U.S. and China had reached an agreement to cut tariffs. The Stoxx 600 climbed 1.1% with mining stocks rallying nearly 5% to lead the gains. The U.K.’s FTSE 100 was 0.6% higher as France’s CAC 40 moved up 1.4% and Germany’s DAX climbed […]
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