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image: Reuters/USA Today Sports

The big political brawl that’s brewing trouble for stocks

April 12, 2018

It’s been oddly quiet overnight, with the only bit of fighting action coming from a bunch of brawling baseball players.

“With markets consolidating, we wait to see what Trump tweets today,” said Hantec Markets’s Richard Perry.

It turns out he didn’t have to wait long, as POTUS pulled back from his WWIII-inspiring remark with this post:

Those soothing words on Syria — and so on U.S. vs. Russia — seem to be adding some lift to what was an already upbeat move for stocks. But the geopolitical noise could have drowned out something that’s just as big a risk, says our call of the day, from Sam Stovall, chief investment strategist at CFRA

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