Foto

Think the stock market will rally once a U.S.-China trade deal is struck—think again, says one Wall Street vet

On the contrary, the S&P wants to reach 3000 pretty fast and before the Fed hints at raising rates again. So a trade war resolution, if comprehensive, will lead to more S&P buying as well as outflows to Emerging markets. For as long as the Fed put is here any setback will be small.