Jack Ablin, CIO at Cresset Wealth Advisors, appearing on CNBC’s “Power Lunch” on May 21, 2018. He cautioned that the seeming reduction of trade tensions with China that materialized over the weekend is leading to some false hope in the market. Jack believes this temporary detente has occurred because of the upcoming US-DPRK summit meeting; whether the trade truce is lasting depends on the outcome of that meeting. Jack suggests that investors look to small cap stocks for some insulation against ongoing global trade tensions.
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