๐Ÿ‡บ๐Ÿ‡ธ

What Investors Should Do if the US and China Reach a Trade Deal

Credit: The Street
Published on June 27, 2019 - Duration: 01:25s

What Investors Should Do if the US and China Reach a Trade Deal

Are you ready for the weekend?

President Trump and Chinese President Xi are.

The two leaders are set to meet on the sidelines of the G20 summit in Japan later this week.

It's expected that the two will try to hash out a trade deal between the two nations.

However, Jonathan Corpina, senior managing partner at Meridian Equity Partners, warns investors to not get too hopeful that we'll come out of G20 with a trade deal.

"I think investors should take a pause and wait.

And I'll equate this to tax reform a year and a half ago we were talking about tax reform and how this is going to affect everybody.

Nobody really knew how it was gonna affect large corporations or individuals like myself for many months quarters afterward.

So I think when we get a deal it's going to take time to really see how that's going to impact companies.

So I wouldn't make any quick moves initially at this point," advised Corpina.

Advertisement

You are here

Recent related news from verified sources

President Donald Trump tied a future trade agreement with China's willingness to "humanely" respond to anti-government protesย -More-ย 
5 days ago • SmartBrief

White House trade adviser Peter Navarro said Sunday he's optimistic about a trade deal with China because doing business deals is President Donald Trump's strong...
2 days ago • Newsmax

NEW YORK (AP) โ€” Looking across the stock market, itโ€™s hard to find a company that isnโ€™t vulnerable in some degree to the U.S.-China trade war. Stocks of...
2 days ago • Seattle Times

Hong Kong-listed WH Group could see its shares rally. Here's what investors should know about the world's largest pork producer.
8 hours ago • Motley Fool

Recent related videos from verified sources

38% of US Economists Say a Recession Will Happen Next Year 01:03
Credit: Wibbitz Top Stories - Published 8 hours ago 

Pence urges China to respect HK laws amid protest 01:15
Credit: Reuters Studio - Published 7 hours ago 

Deutsche Bank leads European shares higher, China stocks up 01:14
Credit: Reuters Studio - Published 17 hours ago 

Trump 'Not Ready' For China Deal, Dismisses Recession Fears 00:34
Credit: Wochit - Published 1 day ago 

You might like