Nvidia’s rebound could be good sign for Trump trade talks: Tom Lee


Source: cnbc.com cnbc.com

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The recent rebound in shares of Nvidia is a sign that investors do not expect a worst-case outcome from the trade negotiations between the U.S. and other major economies, especially China, according to Fundstrat co-founder Tom Lee. The firm's head of research told CNBC's Bob Pisani at the Future Proof conference in Miami on Monday that he found it notable that President Donald Trump has been less vocal about China when discussing trade policy in recent weeks. While Lee said he did not know for sure what was happening between the White House and Beijing, the lack of rhetoric could...