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Economic Preview: Things are looking up for the economy, but you can’t get too cozy in the Trump era [MarketWatch]

Canadian Imperial Bank of Commerce (CM) 
Last canadian imperial bank of commerce earnings: 2/26 05:53 am Check Earnings Report
Company Research Source: MarketWatch
Things are looking up for the economy, but you can’t get too cozy in the Trump era The U.S. and China are trying to tone down trade tensions, the Federal Reserve is ready to cut interest rates and Americans are still spending plenty of money. So all is well again with the U.S. economy, right? Not so fast. The attempt by China and the Trump administration to de-escalate after a series of tit-for-tat tariffs certainly comes as welcome news. The president might delay some pending tariffs and China is offering similar concessions ahead of another round of crucial talks scheduled for October. The willingness of both countries to step back has helped spur a rally in U.S. stock markets DJIA, +0.14% SPX, -0.07% after priced swooned in August. What’s also given stocks a boost is the universal belief the Fed will reduce already low U.S. interest rates this week — just in case the trade fight with China escalates again. Lower rates might encourage more Americans to buy a new car or home o Show less Read more
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