OSAKA, Japan-- President Donald Trump was in Japan Friday, June 28 for his third G-20 Summit.
Trade wars and worries of a possible real war with Iran are among the items being discussed during the two-day event. One of the world leaders President Trump met with was Russian President Vladimir Putin. It's the first time the two have seen one another since the end of Special Counsel Robert Mueller's investigation, which found Russia interfered with the 2016 Presidential Election.
Saturday, June 29, President Trump met with China's President, Xi Jinping, to try to work out a new trade deal, and that brought us to Your Money with Investment Advisor Mark Grywacheski. Stocks responded positively to Saturday's meeting. As of 10:35 a.m. Monday, July 1, the Dow was up 122 points, the Nasdaq was up 88, and the S&P 500 was up 21. Just hours before those numbers came out, Grywacheski said there's still going to be a lot of volatility in the stock market, though.
"Until we do get that final trade agreement, but when do we get it?" Grywacheski asked. "The end of the summer, which is what I am thinking, or does it continue to the fall or until the end of the year?"
President Trump says he won't impose further tariffs on China as long as negotiations continue moving forward. Your Money with Mark Grywacheski airs Mondays during Good Morning Quad Cities in between 5 and 5:30 a.m. during Good Morning Quad Cities. To live stream our newscasts, click here.