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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