Commenting on the Trump-Xi trade meeting, Tom Plumb says that the best expected outcome for investors would be concrete signs of a truce and an outlined path forward that will allow for more negotiations without causing harm to financial markets and the global economy.
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Definitions of terms and indices
The G20 (or Group of Twenty) is an international forum for the governments and central bank governors from 19 countries and the European Union with the aim to discuss policy pertaining to the promotion of international financial stability.
Dow Jones Industrial Average (“Dow”) is an unmanaged index of common stocks comprised of major industrial companies and assumes reinvestment of dividends.
One cannot invest in an index.