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September 01, 2020 10:18am
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‘Art of the Deal’ or a serious breakdown in trade talks? Stocks point to the latter

White House economic adviser Larry Kudlow, in a tweet that put an awkward exclamation point on Friday’s stock-market rally, cheered “we’re killing it on the economy” and it’s “totally awesome.” In the first trading session since that tweet went viral, it certainly doesn’t feel totally awesome for traders who were anticipating good news on the trade front.
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