Stocks are surging on trade optimism – five experts weigh in (via TradingNation)
In interviews on CNBC, five experts weigh in on what the trade developments mean.
"We're in a situation now where the bond market is shouting very loudly that they're expecting something very bad and I think it's a mistake to ignore that. ... You know with that type of environment we don't want to be to risk-on, but at the same time, you know the trends are still positive. There's still a lot of uncertainty, so we're comfortable being invested.""Both leaders are coming to a conclusion that it's best to get this behind us.
"What we've seen since May 5, which is when the deal really broke down along some really meaningful key issues, is that there have been plenty of talks but there's also been plenty of escalation. So it's impossible for us to know exactly what's being talked about.
You know, it's great to say they're going to have talks, but there are some real substantive issues and it's not clear that China's really … ready to give in on those substantive issues, it's not clear the U.S. is willing to give in. And I don't think either side is ready to blink yet."
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