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Recap July 7: Stocks Trading at Record Highs – Trade Truce (Recap Ep026)

On this week’s Recap we talk about the truce in de trade war between the United States and China. The stocks went up to its highest historical level. Also, with the companies in NASDAQ going down it starts to look like the economy is not going as well as they say it is.

The G20 reunion boosted the market during this week, but even though everything seemed to get better between the United States and China, the talks between the European Union and Switzerland weakened, leading to the EU banning traders from investing on Switzerland stock exchanges.

The United States is planning on putting tariffs on Europe while the biggest economy in Africa, Nigeria, decided to enter the African Continental Free Trade Agreement (AfCFTA). And finishing up, this week we saw multiple extreme natural events like the snowing in Guadalajara, the earthquake in California and a huge rain in Mumbai.

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