It seems that companies have reacted instantly, and favorably, to the information that the Stage One trade deal could stop the imposition of additional tariffs on consumer products.
This came during a year when Wall Street rallied to get a looming downturn, dependent on concerns within the U.S.-China trade warfare.
The market is far better than you might imagine.
Although the headlines pointed to greater expansion, the Atlanta Fed maintained its GDP Now tracker in 2.3%.
For a increase in imports can come from customer demand, on the flip side, that could be a change.
The central bank looks likely to remain on hold during 2020 absent a change in problems.
1 positive for opinion is that the settlement, at least a first-phase foundation, of this trade dispute.
