Financial Markets Report For Oct.23

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Moon Kil Woong 2 years ago Contributor's comment

It is not a washout, just more base laying. Hopefully Washington will get its act together and stop the trade war. This will take pressure off the Federal reserve who can then stop raising rates. A massive tariff is the last thing we need. Already we can see how tariffs are affecting companies like Caterpillar. The revenue loss of these companies will dwarf the gains in steel.