Stocks to buy on this volatile global macro environment, and what needs to change to avoid a recession.
Collateral damage from the trade war is clearly causing ripple effects across global markets.
Japan has followed through on its threat to remove South Korea from its 'white list' of most-favored trade nations. The fight looks set to worsen.
The only logical move at this point is to play stronger defensive.
Ultimately stocks are only going higher if the expansion does in fact keep going.
Market indices are close enough to their apex where profits can be taken and cash be raised intelligently.
With the current Fed it appears as if the economy might be a second factor in making decisions.
Most traders are impatiently waiting for the Federal Open Market Committee's decision at 2 pm ET.
Understand that the expected Fed rate cut today is not about recent economic performance in the least.
The real threat here would be if the Fed were fooled by domestic economic data that remains better than bad, from properly preparing for a very uncertain future.