Axios
The stock market barely moved off the trade deal with Japan this week, as market sources said that’s the new investor playbook for tariff headlines: Ignore them unless it’s about China.Why it matters: The stock market, which is up 27% since the April 8 lows, has already priced in trade deals.The only thing that could derail that is a negative development in the trade relationship between the U.S…
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Wall Street only cares about the China tariff deal
The stock market barely moved off the trade deal with Japan this week, as market sources said that’s the new investor playbook for tariff headlines: Ignore them unless it’s about China.Why it matters: The stock market, which is up 27% since the April 8 lows, has already priced in trade deals.The only thing that could