By CCN Markets: Most analysts think Donald Trump would rather ink a trade deal with China than let the stock market fall. But the big question is, how far would the Dow Jones and S&P 500 have to collapse before Trump steps in? According to a survey by Bank of America Merrill Lynch, the key level for money managers is the December 2018 stock market low. Dow Jones crisis point – 21,792 S&P 500 crisis point – 2,351 Trump will sign trade deal if Dow falls 16% The survey, which polled US money managers with a total $528 billion under
The post Trump Will Sign a Trade Deal If the Dow Hits This Crisis Level appeared first on CCN Markets
Read the original post: Trump Will Sign a Trade Deal If the Dow Hits This Crisis Level
