The market is going to take a hit regardless of US/China relations.
The bull market has exceeded all expectations in duration.
Make sure you are diversified to the extent you can survive a 50% drop in your equity portfolio without compromising your retirement or other goals.
It's coming.
Oh, I know it's coming, but it won't come until the Dow Jones and the other markets reach stooopid levels. Like 43,000 for DJI and 3,600 for the S&P. Markets don't fold from normal levels, they capitulate from all time highs. Not just barely all time highs, from "holly shit! 50% up in 2 months" up.
After that, it'll be a 1929.
Elliot wave-wise we're on a wave 5 (grand super cycle) of 5 (super cycle) of 5 (cycle) of 5 (primary). It's like top of the 9th, two outs, one down and all bases loaded and the next guy up is Barry Bonds.
Now, for the market to get to stooopid levels, we need a trade deal. I think the situation is deteriorating so fast in HK that Xi will want to meet with Trump soon. I see them signing an agreement right after the UN General Assembly in September.
They have to. Both of their mandates depend on it.