| If trade war sparks another sharp pullback, investors should resist the urge to sell, PNC's Jeff Mills says | | | | THU, MAY 30, 2019 | | | WATCH LIVE TUESDAYS AND THURSDAYS 1PM ET | | SPONSORED BY | | | | | | | 1 | The market is in no man's land until the trade deal gets done, Federated's Phil Orlando says | | | 2 | 'The next big player' in plunging yields will be the Fed: Wells Fargo | | | 3 | Trader bets the copper crush is about to get worse | | | | | | | | | WHAT SCOTT IS WATCHING 5/30 | | Stronger dollar hurts. Trade tensions hurt a lot. Yield curve inversion which might signal a recession hurts. Everything is hurting copper. I mostly think it's the belief that trade tensions are worsening as both sides dig in before the G20. China has stopped buying any American soybeans and they're now talking about an embargo of rare earth elements. I think Trump expected it to all be over by now and he hasn't gamed this out thoroughly. Expect copper to continue falling through until the G20. We're now below all the moving averages and the 52-week low of $2.543 is the only support to the downside. | | TUESDAY, JUNE 4 | Jason Hunter, JPMorgan Chase head of global fixed income & U.S. equity technical strategy Peter Boockvar, Bleakley Advisory Group chief investment officer | | | | THURSDAY, JUNE 6 | Stephen Suttmeier, Bank of America Merrill Lynch Global Research chief equity technical strategist Helima Croft, RBC Capital Markets global head of commodity research | | | |
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