EWI Insight

Global Trade


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President Trump is planning to sign the USMCA today. The agreement replaces NAFTA. And, of course, Phase 1 of the U.S.-China trade agreement got signed a couple weeks ago. Now for the better part of two years, the media’s blamed just about every bout of market volatility on global trade tensions, yet now that we have two major international trade agreements, volatility in global equities is back.

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EWI InsightBy Elliott Wave International

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