https://www.cnbc.com/2019/12/11/us-china-trade-deal-will-happen-before-dec-15-tariffs-analysts-say.html
The U.S. and China will probably announce some form of trade deal ahead of Sunday
when additional tariffs on Chinese goods are due to kick in
and that’s going to boost financial markets, say analysts.
There will be an “eleventh hour” announcement about a deal on Saturday night,
says Kenny Polcari, senior market strategist at Slatestone Wealth.
“They’re going to come out and say ‘we’ve got a deal ... we’re working on tweaking,
fine-tuning it.
But, to show good faith, we’re not going to impose these tariffs.
"And then the markets will rally,”
he told CNBC’s “Street Signs” on Wednesday.
‘Eleventh hour’ US-China trade deal could happen before tariffs kick in Sunday, analysts say
The U.S. and China will probably announce some form of trade deal ahead of Sunday
when additional tariffs on Chinese goods are due to kick in
and that’s going to boost financial markets, say analysts.
There will be an “eleventh hour” announcement about a deal on Saturday night,
says Kenny Polcari, senior market strategist at Slatestone Wealth.
“They’re going to come out and say ‘we’ve got a deal ... we’re working on tweaking,
fine-tuning it.
But, to show good faith, we’re not going to impose these tariffs.
"And then the markets will rally,”
he told CNBC’s “Street Signs” on Wednesday.