The optimism about the US-China Trade negotiations made investors pouring money back into equities and risky assets. Global equity markets jump.
Investors are back in a positive mode and are taking risks again. High Yield Bond ETF on fire. There is a very high possibility that an outcome the US – Chinese negotiations could lead to an attempt at new highs in the Dow, but the rally is unlikely to last.
Corporate earnings are now out and if anything, 2019 earnings will not be as good as 2018.
Fed ‘s Interest rates should remain on the rise after potential two paused.
Companies have been buying back their shares at elevated valuations instead of running down their stock of debt.
The credit bubble is reaching record levels and the global economy is slowing down despite extremely low-interest rates.