By Christopher Gannatti, CFA
Is progress actually being made toward the ever-elusive "trade deal" between China and the U.S.?
Thus far in 2019:
- China's equity market has been one of the best performers globally after a tough 2018. Part of this may be a recovery rally; part of it may be the recognition of various stimulative measures within China-plus the possibility of a trade deal.
- Beyond China, global equity markets have generally been rallying, as have global bond markets (whose yields have fallen) and the price of gold. A perception of high political risk and