O’Hara: ‘We Hold All the Cards’ on China Trade

“We hold all the cards” with China, argues Sean O’Hara, and thinks resolution will come soon. He’s also watching progress on the tax bill. With oil lower, he doesn’t think inflation will be sticky, and with a slowdown in economic growth he thinks that makes the Fed free to lower rates. He says the market has found a bottom “for now,” but could see pain in the second half.

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