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Former JC Penney CEO: China trade deal needed by end of year or retail's 'got a real problem'


Added 05-23-19 07:02:01pm EST - “"If the tariffs don't get solved this year then you've got a real problem," former J.C. Penney CEO Allen Questrom says.” - Cnbc.com

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Posted By TheNewsCommenter: From Cnbc.com: “Former JC Penney CEO: China trade deal needed by end of year or retail's 'got a real problem'”. Below is an excerpt from the article.

Investors are rushing into the relative safe haven of the bond market, causing the yield on the U.S. 10-year Treasury to plummet.

Stocks fell sharply on Thursday as investors started to fear the U.S.-China trade war is slowing the economy.

The charges allege he published secret documents obtained by former Army intelligence analyst Chelsea Manning, some of which included the disclosure of foreigners who were...

Wall Street is becoming convinced that both the White House and Beijing are willing to engage in a protracted trade war that could begin to hit consumers and slow global...

Sentiment is "not negative enough to trigger a huge rally ... unless we get some kind of real breakthrough with China," Jim Cramer says.

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