The waiting isn't much fun but there will be great trading opportunities when news on the tariffs finally hits.
Let me take a stab at what's going on here.
Consumer and investor sentiment seem rock solid at the moment.
Will President Trump's administration move ahead with plans to turn up the heat on China in such a way that U.S. consumers for the first time share some of that pain?
Plus, checking in on the yield curve, the Put/Call Ratio, political gamesmanship here and abroad, and a handful of tech names.
Let's look back to a year ago this month, when most investors saw volatility and a lack of liquidity; and then turn to now, as the tariff deadline looms and the VIX vs. VIX futures gap widens.
This year's market performance clearly indicates the bulls are winning, but their arguments may not hold in the coming year.
Influential Federal Reserve Governor Lael Brainard spoke this week about how the Fed might combat a recession -- investors should listen up.
It appears that an overwhelming amount of bad news would be needed for the Fed to cut in December, but 2020 is a different story.
Plus, we check out the latest negative headline on Boeing.