Markets Fears Calmed…For Now

The US equities markets recovered from losses from late last week as investors apparently have decided that trade situation between the US and China is not as severe as some might have thought. This does no mean that all is well, and I would expect higher volatility to continue until a definitive trade balance has been established. I would expect more comments from the President and more actions by the Chinese as each nation seeks to establish a dominant position on the balance of trade. In other news, some US legislators are suggesting that no regulation will be passed for social media companies during the next few years or more. This may help the tech sector to recover if there are no hard lines taken during Mark Zuckerberg’s testimony to Congress this week. Here’s what to expect going forwards.