Phase 1 of the trade agreement with China has already been signed.
The trade agreement with China has already been signed, but only phase 1, and now what.
Well, now we see the reality of the American and world economy and we must analyze phase 1 of the agreement.
The reality is that the US is at maximum employment and signs of slowing down in its economy begin to appear.
What will phase 1 of the trade agreement with China mean? Well, in reality nothing, because tariffs are not going to be eliminated, simply new tariffs are not going to be imposed, but the whole issue of intellectual property is not resolved, which is the real robbery that China has done to the West.
The bags have celebrated this agreement as a new mantra with spectacular climbs, but in reality there is nothing to celebrate.
My opinion as a small investor who has had as many successes as failures in the stock market, is that the market is very inflated and we are approaching an economic slowdown.