Strategist: 90-day suspension of tariffs, rumors become reality
Internet report, B. Art Hogan, investment strategist at RILEY Wealth Management: The day that felt really crazy was two days ago, when someone posted the White House's so-called fake news report on Twitter, saying that Trump was considering suspending tariffs for 90 days, triggering a $2 trillion buying bid in just 8 minutes. Now that this has become a reality, U.S. stocks have risen sharply again, and it is not surprising that they have risen so fast that it is difficult to keep up.
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