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Recently, If the stock market is going to end the year with gains, it could all come down to this weekend and the meeting between President Donald Trump and China President Xi Jinping. Keith Parker, head of U.S. equity strategy at UBS said that “The market is pricing in some degree of further escalation, the breakdown of talks. If we have an agreement, then you price out the downside”.
Some stock market analysts believe that the stock market will not end in red, regardless of the outcome of the US and China meeting. Whereas, others believe that the stock market will end 2018 in red because all the indicators are pointing towards that way.
This scenario instigated a debate across social media regarding whether the stock market will end 2018 in red?