June 01, 2020

Stocks are up slightly despite growing unrest in the US over the murder of George Floyd and increasing tension between the US and China.  This is due to public criticism of China’s handling of the corona virus and their increasing intervention in Hong Kong,  amid ongoing protests.  Today, China halted purchases of several agricultural products from the US such soybeans, pork, and corn, putting the future of 2019’s trade deal in jeopardy.  Gold is trading at $1,735, virtually flat to begin the week.