Well, Congress returns to session after a two-week spring break. Too bad the rest of us don’t get such a break.

In any event, Democrats, who control the House, will have to see if they can negotiate their differences on impeachment of President Donald Trump.

Speaker Nancy Pelosi would rather have the focus move to core Democratic issues and plans to have a meeting, joined by Senator Schumer, with the President to see if they can find any common ground on an infrastructure program both the Democrats and the President have promised.

Infrastructure, like prescription drugs, is an issue where the more populist Trump sounds a lot like a Democrat than a traditional Republican. However, election-year politicking might make finding an agreement a challenge.

Trade, of course, will remain a focus. The Administration concluded talks with Japan as the two nations are in the early stages of a bilateral trade deal and the President last week announced his intention to meet with Chinese President Xi possibly in June.

Like all the other signs this seems to indicate that China and the US are closing in on a trade deal to stop the escalating tariffs between the two. This will be good news for markets.

One the political front the entrance of Senator Joseph Biden into the Democr...

Unlock this article with a FREE 30-Day Trial!

An FSI Pro, FSI Macro, or FSI Crypto subscription is required in order to access this content.

*Free trial available only on a monthly plan

Disclosures (show)

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You’ve reached your limit of 2 free monthly articles. Please enter your email to unlock 1 more articles.

Already have an account? Sign In

Want to receive Regular Market Updates to your Inbox?

I am your default error :)