US/China Phase I Savior… by Lynette Zang
Markets at all-time highs thanks to the phase 1 US China trade deal, is it all it’s cracked up to be? Probably not and it’s also too late for trucking companies and truckers who are in crisis now. That probably isn’t good news for auto loans either. But with the consumer supposedly revving up holiday shopping is this an all clear or an Oh dear?
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Slides and Links:
https://www.businessinsider.com/trucking-truck-drivers-fuel-card-delinquencies-uptick-2019-7
https://www.businessinsider.com/celadon-trucking-bankrtupcy-truckers-stranded-2019-12
https://www.ft.com/content/59f3a084-0d80-11ea-bb52-34c8d9dc6d84
https://www.cnn.com/2019/12/19/business/direct-deposit-glitch-federal-reserve/index.html
https://www.miamiherald.com/news/politics-government/article238048869.html
We believe that everyone deserves a properly developed strategy for financial safety.
Lynette Zang
Chief Market Analyst, ITM Trading