This week’s PPI hinted at a decline in economic activity

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This week’s PPI hinted at a decline in economic activity
kreatikar / Pixabay

Commenting on today’s trading Gorilla Trades strategist Ken Berman said:

Even though today’s recovery confirms the resilience of the equities, until a deal is struck, the trade negotiations are still likely to cause wild swings on Wall Street in the coming days. Today’s session was almost the perfect mirror image of yesterday’s one, since investors flocked back into risk assets, but the Volatility Index (VIX) remains elevated, showing that a lot of participants are still cautious.

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