Stocks Tank as Trade War Escalates

August 23, 2019 – Cris Sheridan gives this week's market wrap. Erin Swenlin of StockCharts.com says she expects new all-time highs before the end of the year but with a lot of volatility. She notes defensive areas of the market are outperforming, which is a bit of a concern, but short-term indicators are rising strongly, with intermediate term indicators also starting to turn up. Kathy Fettke says there's no major housing market crash ahead and discusses the impacts of the U.S.-China trade war on the housing market.

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