From WSJopinion: Expect the stock market to be more spasmatic, not less, until trade is resolved, writes andykessler
Are you talking to me? The market dropped 767 points Aug.
5 on news of China’s currency devaluation, then popped 311 points the next day on delayed tariffs, then sank 800 points eight days later after signs that the yield curve had inverted further. It’s been yo-yoing since then—up 275, down 623 on Friday. When the stock market goes through these spasmatic gyrations, it’s a desperate cry for attention. But what is it trying to say? Ya got trouble, with a capital T.
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