Stocks Rebound After Trade And Political Concerns Around The World Weigh On Markets

Profit from the Pros Stocks Rebound After Trade And Political Concerns Around The World Weigh On Markets Stocks closed higher on the day after plunging in the morning. Trade concerns continue to weigh on the market. But political concerns around the world are further unnerving investors. Stocks sold off as U.K. Prime Minister, Theresa May, addressed Parliament yesterday where she postponed the doomed Brexit-deal vote. Her very leadership is now being called into question. And the President of France, Emmanuel Macron, addressed his country yesterday after weeks of rioting forced him to rescind his proposed fuel tax and make concessions to protesters and opposition parties. Analysts are saying that Q4 GDP forecasts for France will be cut in half because of the riots, the destruction of property, and the negative impact on tourism. We also cannot overlook the political headwinds at home. The most urgent one being the budget deadline on December 21st, and the real possibility that the government shuts down over immigration and border wall funding. Throw in the ongoing saga over the arrest of China's Huawei CFO, Wanzhou Meng. And the peculiar timing of China's sales ban on older Apple iPhones (which many think is a tit for tat retaliation for Meng's arrest), and you can see there's plenty of hurdles for the market to overcome. Fortunately, the strength of the economy remains intact, as does our historic jobs market. The problems in London and Paris are unlikely to be resolved anytime soon. But once we can get past the U.S. budget deadline, and come to an agreement with China on trade, stocks are likely to shine once again. And many are still expecting double-digit market gains next year. In the meantime, there are lots of great stocks out there. And bargains. But this has definitely become a stock picker's market for the time being. See you tomorrow, Kevin Matras Executive Vice President, Zacks Investment Research Sponsor [Why Firing Your Internet Provider Could Save You $19,494 A brand-new technology –]( named “Halo-Fi”]( – could kill off your overpriced cable company for good... beaming lightning-fast internet to your home for an estimated $7 a month, and it’s estimated that you could save a minimum of $19,494 when you switch.And it all starts by making one move before December 18th. Want to stop cutting checks and start cashing them? [Click here for more details...]( Most Popular Articles from Zacks.com [4 Stocks Grab Attention on Explosive Relative Price Strength]( Want to try an out-of-the-box approach to earn handsome returns? Tap these stocks with explosive relative price strength. [Read More »]( [Instruments Control Industry Outlook: Demand to Remain Strong]( Growth in the industry has been driven by demand for replacement of current industrial control systems to bring in advanced processing solutions. [Read More »]( [4 Appetizing Restaurant Stocks to Bet On This Holiday Season]( In an industry becoming increasingly reliant on digital and delivery services, four restaurant stocks stand out. [Read More »]( [Unemployment Still at 49-Year Low: 5 Business Services Picks]( Professional and business services have contributed the largest number of jobs over the past year. [Read More »]( [Cronos-Altria Deal Boost Marijuana ETF: Will This Continue?]( Altria investment in Canadian cannabis producer Cronos sparked a rally in the broad cannabis sector and the its ETF. Will the trend continue? [Read More »]( Sponsor [Claim your Free Copy of Finding #1 Stocks]( [Finding #1 Stocks Report] One single idea changed Kevin Matras' life as an investor, enabling him to tap into the greatest force driving stock prices. In Finding #1 Stocks, Kevin reveals his top stock-picking secrets and strategies based on this powerful idea. Now you can claim a free copy of the 300-page hardcover book. . From 2017 through Q3 2018, while the market climbed +35.0%, these strategies gained up to +122.0%, +137.9%, even +139.6%. You can take full advantage of them without attending a single class or seminar, in a lot less time than you think. Opportunity ends midnight Tuesday, December 4. [Learn more now >>]( [Bull of the Day: Columbia Sportswear Company (COLM)]( This historic and diversified outdoor apparel and footwear firm's growth prospects appear strong headed into the vital winter-weather shopping season and beyond. [Read More »]( [New Zacks Strong Buys for December 11th]( Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today. [Read More »]( [Customize Your Profit from the Pros Delivery]( Connect with Us: [Facebook]( [Twitter]( [StockTwits]( Contact Info: Phone: 1.800.767.3771 ext. 9339 Email: [support@zacks.com](emailto:support@zacks.com) [Get it on Google Play]( [Get it on Google Play]( [Terms]( | [Privacy]( | [Unsubscribe](