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The US-China trade war is worrying investors more than what the Fed is doing, Art Hogan says
"I'm much more concerned about China and what that means in the long run than I am about what Fed Chairman Jay Powell's doing with monetary policy," says Art Hogan, chief market strategist at B. Riley FBR. "The market is trying to get their minds wrapped around what kind of guidance we're going to get from companies like 3M, where they can't figure out what their input costs are going to be for 2019," Hogan says. The ongoing trade spat between the U.S. and China is the biggest threat to the market right now, not the Federal Reserve's monetary policy, strategist Art Hogan said Wednesday night.
https://finance.yahoo.com/m/0e88157...852f/the-us-china-trade-war-is.html?.tsrc=rss
"I'm much more concerned about China and what that means in the long run than I am about what Fed Chairman Jay Powell's doing with monetary policy," says Art Hogan, chief market strategist at B. Riley FBR. "The market is trying to get their minds wrapped around what kind of guidance we're going to get from companies like 3M, where they can't figure out what their input costs are going to be for 2019," Hogan says. The ongoing trade spat between the U.S. and China is the biggest threat to the market right now, not the Federal Reserve's monetary policy, strategist Art Hogan said Wednesday night.
https://finance.yahoo.com/m/0e88157...852f/the-us-china-trade-war-is.html?.tsrc=rss
