From Goldman Sachs Trading Desk: “Seasonality into year end will be a tailwind and particularly for most fund managers who are underperforming the rally, there is a strong urgency to lift beta growth proxies in a hope this will close the performance gap into year end”

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JPM: Stay bullish on equities – there is further upside if PMI downtrend turns and if ytd outflows start coming back…
Bull marker hero Mislav Matejka: “We stay constructive, looking for new highs before the next US recession strikes”

GS: tariffs have peaked
Jan Hatzius:

1. We believe that tariffs on imports from China have likely peaked. Previously, we had expected that the White House would delay the planned December 15 tariff increase until early 2020, but we believed that it was slightly more likely than not that the Administration would implement some of them next…[Read more]

US Commerce Sec. Ross: Licenses for US companies to sell to Huawei coming very shortly

BAML sets S&P targets for:

* year-end: 2950
* 12-month: 3150
* 10-year: 5150