RE: wealth13 Dec 2018 19:09
Dot worry pete read this matey ..Investing.com - After getting hammered at the start of the month, Wall Street's major indexes attempted to bounce back this week, with the market enjoying a three-day win streak heading into Thursday.
The tentative rebound fueled hopes among market participants that Santa Claus will deliver on his traditional end of year rally.Since 1950, no month has a stronger average return or has finished higher more often than December.Markets are slowly growing more optimistic about the chances of a U.S.-China trade deal after a flurry of upbeat news this week pointed to easing tensions between the two economic superpowers.Reuters reported on Wednesday that Chinese state-owned companies have bought more than 1.5 million tonnes of U.S. soybeans in the first major U.S. soybean purchases in more than six months.The purchases are the most concrete evidence yet that China is making good on pledges made when Presidents Donald Trump and Xi Jinping met on Dec. 1 and agreed to a 90-day ceasefire to negotiate a trade deal.