Stock Market News: US-China Relationship

September 14, 2020, 2:18 pm EDT

US-China Relationship
Terry Branstad is stepping down as U.S. ambassador to China. This is a very important milestone between the US and China relationship for the past 30 years. It marks the end of friendship and beginning of harsh actions. Although Oracle is still trying to buy TikTok, it does not change the overall tone that is getting into more confrontation than cooperation.

To respond to this change, we add more shares in Kratos Defense and Security Solutions Inc (KTOS) +5.5% to the portfolio. Furthermore, pay attention to defense, weapons, aerospace related stocks. 

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