Is This Really Cause for Celebration?

This week, the stock markets rallied sharply on news the Administration was going to cut the tariff rate with China from 145% to 30%.

• However, should investors be enthused with constantly shifting economic policies?
• Particularly those like tariffs, which add costs to both the importer and the consumer?
• Further, with the economy already cooling slightly, is now the right time to play hard ball with our trading partners? Basically, what is the real cause for celebration? 

In this week’s Trading Perspectives, Sam Clement and John Norris discuss the extreme reaction the markets had to the reduction in tariff rates with the Chinese.