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Trade War, Resignations, And Scandal Overshadow Rise In Leading Indicators

Trade War, Resignations, And Scandal Overshadow Rise In Leading Indicators


After months of steady gains and low volatility in 2017, stocks in the first quarter of 2018 subjected investors to a bumpy ride.

While fears of a trade war, a White House shakeup, and scandals about President Trump's personal life grabbed all the big headlines, very good news about the economy was overshadowed.

For instance, the same day a Presidential Memorandum branded China a U.S. economic enemy, the National Security Adviser was dismissed, the world's largest Internet company apologized for betraying its users' trust, new accusations surfaced about Mr. Trump's personal life, and stocks suffered a two-and-a-half percent loss — that very same day —  the U.S. leading economic indicators showed great strength.

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