"The Stock market is the story of cycles and of the human behavior that is responsible for overreactions in both directions." Seth Klarman
Good morning
After 2 consecutive weak months for the major averages futures are mostly lower as we enter April which has been a more of a bullish month in recent years. Retaliation tariffs were announced from China sparking fears that the potential trade war may be gaining some momentum. The Trump administration will be releasing their detailed tariff list some time this weak.
Macau reported a bigger than anticipated increase in gaming revenue which could put the casino stocks in play.
Monday's economic calendar
9:45 PMI Manufacturing Index
10:00 ISM Manufacturing Index
10:00 Construction Spending
6:00 PM Fed's Kashkari speech