Global stock markets traded mostly lower today as U.S. President Donald Trump halts talks concerning another federal stimulus package. 

U.S. futures were up slightly, while shares in Germany, France and Japan slipped. In China, markets are closed for a weeklong holiday. 

The president’s decision to suspend economic aid talks follows U.S. Federal Reserve Chair Jerome Powell’s urging statement to Congress that the Fed cannot support the economy by itself, saying limited support “would lead to a weak recovery, creating unnecessary hardship.”

But Trump’s ruling is likely just another bargaining trick…

In today’s video, I’ll explain the impact of the bond market sell-off… the most probable move for the market this week… the lowest-risk bank and financial stocks to sell now… and entry and exit points on several low-risk stocks. 

 

My Top Stocks Ahead of the Fed’s Next Rate Hike

My Top Stocks Ahead of the Fed’s Next Rate Hike

 Before we begin, I want to let you know that this morning's Trading Pub Roundtable with Don Yocham — featuring Tactical Wealth Investor’s Garrett Baldwin, Austrian trading expert Achim Mautz and yours truly, Senior Strategist Roger Scott — will be held at our new...

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