Why ‘peak tariffs’ set up stock market for more upside, according to one Wall Street bull
December 16, 2019 at 12:54 PM EST
Stock-market bulls celebrating a partial U.S.-China trade pact don’t argue that the yet-to-be-signed agreement erases all the worries around the long-running conflict between the world’s two largest economies. But they are banking on the idea that the dynamic has flipped from escalation to de-escalation.