Ray of Light for US Equities as China Tariff Items Removed
August 14, 2019 at 09:31 AM EDT
A ray of light for U.S. equities was shining in Tuesday’s early market session after the U.S. removed some items from list of new China tariffs and the additional duty on other goods is postponed to Dec. 15. Yet, the wall of worry was still apparent in the bond markets, which are flashing a recession signal in the inverted yield curve.