Trump On North Korea: Talking Is Not The Answer

The Washington Examiner reports:

President Trump on Wednesday seemed to rule out the possibility of negotiating some kind of truce with North Korea, just days after his secretary of state suggested that strategy. On Sunday, Secretary of State Rex Tillerson said the U.S. would continue to apply peaceful pressure to North Korea, with the goal of starting a dialogue with the rogue regime.

Tensions with North Korea began to rise once again after Pyongyang launched a ballistic missile, which flew over the northern end of Japan, early this week. The Pentagon confirmed the launch Monday evening. In response to the ballistic missile test, the president said “all options are on the table” for responding.

Reuters reports:

U.S. stocks were set to open slightly lower on Wednesday after President Donald Trump’s latest tweet on North Korea reignited concerns over tensions escalating with the nuclear-armed country.

On Tuesday, all major indexes ended higher recovering from steep losses at the open after Trump responded to North Korea’s missile test over Japan that “all options are on the table”.

“We suspect the North Korea problem, although not yet causing a rush to exit will eventually take a negative toll on the markets,” said Peter Cardillo, chief market economist at First Standard Financial.