Why Soybeans & Cooking Oil Matter to U.S./China Trade

October 15, 20257m 29s

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Show Notes

China and U.S. trade tensions have continued into a 2nd straight week, with President Trump threatening a cooking oil embargo. Kevin Green joins Diane King Hall to make sense of the latest tensions taking shape, and what it means for market volatility in general. On the earnings front, KG sees some tailwinds for ASML (ASML), particularly for its smartphone and AI business segments. Meanwhile, Morgan Stanley (MS) topped 3Q estimates by a wide margin, with investment banking growing at an exponential rate. KG says it continues to build on a strong week for the financials group as a whole. For today's session, he's watching 6725 to the upside for the S&P 500 (SPX) with 6640 acting as a potential downside level to monitor.

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