Versace: Gaming Out Until Trump/Xi Meeting, Need "Sustainable" Path Forward
Description
As investors react to the latest headline "tit-for-tat" moves between U.S. and China trade, Chris Versace says this is all gaming out the relations until President Trump and President Xi Jinping can hash it out in a meeting. Then, Chris turns his attention to this week's banking earnings and isn't surprised by beats citing a strong IPO market as one of the catalysts for the overall group. He says the government shutdown could impact IPO filings and is something to watch if it extends much longer. Chris adds that the shutdown could impact the holiday shopping season, and he's watching the government layoffs totals.
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