Is a Trade Deal Crucial to Market Continuation?
December 23, 2019 at 08:00 AM EST
Markets recovered from some hefty overnight losses on the heels of news that the House Democrats and the White House have reached a deal to advance President Donald Trump’s renegotiated North American Free Trade Agreement, House Speaker Nancy Pelosi announced on Tuesday morning. But the bigger long term trade deal, the one between China and the United States, is what continues to weigh on investors’ minds, and drives market fluctuations.