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The nasdaq gaining 1. 7 . There could be a big threat bubbling underneath this market. President trump and chinese president xi jinping both dialing up the rhetoric today at the u. N. General assembly. Reporter President Trump has often used his annual speeches at the u. N. General assembly to challenge his adversaries, whether its the Nuclear Regimes in iran and north korea or for the second year running china, which he took direct aim at in his speech this year that was prerecorded despite consummating a trade deal with china in january. At this years virtual diplomatic gathering, the speeches were prerecorded and shorter than usual, but President Trump pulled no punches against china, which he accused of letting citizens leave the country and infect others and accused it of withholding information about the virus. ....
Be tested here, right . Sure are, right . I mean, weve been overbought in this market really since early february. I think that really we needed the catalyst. I think between the manufacturing numbers we started with and then on top of that oil and then we have gold prices up and then, you know, we have an economy that is strong. And i think the narrative around how many times the fed is going to cut rates or lack of is really going to cause the market to rethink certain sectors and certain securities that were really banking on rates cutting to make them go higher for the rest of the year. I think were at a crossroads. You know, josh, chris ferrone, the title is raising our guard. He says the push in yields right back to the key 4. 5 level is important. The persistence from gold, were inclined to tactically raise our guard particularly given a play sent sentiment backdrop. Do you agree with that . I do. You know, last week last week there had been some really classic indicators that t ....
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