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Another week on financial markets driven by U.S.-China trade headlines. It is getting boring and quite annoying to step away from the trading screens for five minutes and see the Dow Jones suddenly down 300 points on an unsubstantiated Chinese newspaper report. And even more annoying to see the Dow finish the day up 150 points (a 450-point swing) on White House denials of the Chinese newspaper report.
When the S&P 500 rises, energy stocks lag. When the S&P 500 declines, energy stocks plummet. This is not news. And any remaining bullish investors must be