Bulls Take Note: Trade Fears Are Still Looming
As noted previously, US-China trade war fears have subsided for the time being after the second round of talks held last week. Financial markets breathed a sigh of relief after the US-China trade war was put on hold. Broader market indexes like the S&P 500 (SPY) closed with gains on May 21 after constructive trade talks between the world’s two biggest economies. Notably, during the annual shareholder meeting, Warren Buffett, Berkshire Hathaway’s (BRK-B) chair, also expressed optimism about US-China trade relations. ...