A trader works on the floor of the New York Stock Exchange on Monday. Stocks climbed after the US and China declared a truce in their trade war, while Treasuries and the dollar fell. Photo: Bloomberg
Opinion
Opinion
Macroscope
The Xi-Trump trade truce may not end in a peace treaty, and markets should prepare accordingly
- Neal Kimberley says investors can adjust short-term plans, but the pending US tariff hike has only been delayed for 90 days
- And, even if the trade war is resolved for good, investors may have to prepare for more Fed interest rate rises than expected
A trader works on the floor of the New York Stock Exchange on Monday. Stocks climbed after the US and China declared a truce in their trade war, while Treasuries and the dollar fell. Photo: Bloomberg