North Korea and NAFTA Throw A Wrench Into the Works

The US equities markets reversed earlier gains due to trade and geopolitical concerns. Firstly, President Trump remarked that it was possible that Kim Jong Un might not be actually interested in a meeting to negotiate denuclearization of North Korea. Also weighing on the markets were concerns the NAFTA renegotiations might be stagnating, giving more concern that President Trump will push for withdrawal from the treaty. Another concern are increased calls for greater action against China by US lawmakers who have expressed concerns not only about trade, but also about security risks. With these developments, we have the potential for more volatility. Here’s what to expect.