On January 13, Zach Abraham appeared on Cheddar.com, a show which broadcasts live from the New York Stock Exchange, to discuss phase one of the trade deal which at that time had just been negotiated between China and the United States.
In the broadcast, Zach Abraham, Principal and Chief Investment Officer at Bulwark Capital Management, made the point that he sees the actions of the Federal Reserve and other central banks in pumping money into markets as more important and meaningful in terms of market performance than phase one of the trade deal with China.
Zach says tech stocks, the energy sector, the upcoming presidential election, and other economic factors are also at play. Watch the full episode here:
Cheddar is a streaming digital video service that broadcasts live from the floor of the New York Stock Exchange (NYSE) daily. Focused on business-minded millennials, the service highlights tech and consumer stocks while also covering the intersection of tech, media, news and culture.
Follow this link to the Cheddar.com web page: https://cheddar.com/media/u-s-and-china-expected-to-sign-phase-one-trade-deal-wednesday