Bulls could continue to have their cake and eat it too

CALL it the trade-peace rally.

Last week, US stocks rose, completing the best first half of a year in more than two decades as traders bet that US President Donald Trump and his Chinese counterpart Xi Jinping would bury the hatchet at the Group of 20 meeting in Japan.

This week, that bet is likely to pay off, with relief at the rapprochement between the world's two largest economies in Japan set to drive stocks higher. Only surprisingly weak, or surprisingly strong, jobs data is likely to interrupt the party.