Shares gather as Trump preaches optimism and China digs

Over the weekend, Trump downplayed worries about the slowdown in the US economy. He said that China and the United States "speak!"

At the same time, China announced a change in its interest rate system aimed at strengthening the support of companies in difficulty. The moving "[opens] the door to possible rate cuts and should immediately offer a reprieve to Chinese companies, "said Stephen Innes, managing partner of Valor Markets.

This does not mean that last week's volatility should be set aside. Trump said a trade deal that would eliminate tariffs on goods worth billions of dollars remains hard to reach. "China would like to reach an agreement," he told reporters on Sunday. "I'm not ready."

Another red flag: Trump also criticized the idea that the Chinese technology company Huawei could be released. This is a major obstacle to reducing tensions between Washington and Beijing, which considers Huawei as a national champion.

"I do not want to do business [with Huawei] Trump said the US Department of Commerce could extend a temporary license to allow US companies to sell components to Huawei despite the ban imposed by the United States.

The stock could be resilient this week if the hope of Jerome Powell, chairman of the Federal Reserve, would be to give an overview of the Fed's decision in September when central bankers would gather for a summit at Jackson Hole . But he is skeptical that central banks can save the bull market at this stage.

Global slowdown comes to dividends

Dividends paid to global shareholders reached a record $ 513.8 billion in the second quarter. But the pace of growth has been slowest for more than two years, according to a new report from Janus Henderson, an asset management company.

"The deceleration of the global economy and its impact on corporate profits have begun to impact dividends," the report says.

More: "Underlying [dividend] The growth of 4.6% is objectively a good figure but it is nevertheless lower than the growth observed in the last two years. "

In the United States, the banking sector contributed the most to growth.

Remember: I wrote last week that JPMorgan predicts that share buybacks will reach a peak for the cycle in 2018. Shareholders accustomed to reap significant rewards could be adjusted.

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