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Podcast: MRKT Matrix
Episode: Stocks Soar on Temporary Tariff Cuts
Description: MRKT Matrix - Monday, May 12th
Dow surges more than 1,100 points after China and U.S. agree to temporary tariff cuts (CNBC)
Treasury Secretary Bessent says he’s likely to meet with China again in ‘next few weeks’ to work on bigger agreement (CNBC)
Expect China to help Trump on fentanyl, TikTok and midterm elections, says Evercore ISI strategist (CNBC)
Traders See Fed Cutting Rates Just Twice in 2025 on Cooling Trade War (Bloomberg)
Trump Wants Medicare to Pay Less Than Foreign Countries for Drugs  (Bloomberg)
Rest of Year Isn’t Looking Good for Retail-Property Market (WSJ)
Apple Considers Raising i...