Well, that was quite the spectacle.
President Trump on Saturday declined to endorse a G-7 communique calling for a lowering of tariffs and other barriers to trade. Instead Trump did Trump, taking to Twitter to slam Canadian Prime Minister Justin Trudeau. The exchange heightens the risk on NAFTA talks, and subsequently many industrial stocks such as automakers Ford (F) - Get Report and General Motors (GM) - Get Report .
Trump departed the G-7 early to prepare for his highly anticipated meeting with North Korea's Kim Jong-un. But not before Twitter was able to have some fun with one photo of Trump and world leaders at the G-7.
To be sure, investors that think the market could continue to overlook heightened geopolitical risk, a potential global trade war, and slowing global growth are misguided. The market simply cannot stay on autopilot without some form of healthy risk adjustment.
Hence, it's critical you hop on the line with TheStreet's founder Jim Cramer for his monthly call with Action Alerts PLUS club members. Being held on June 13, the call will give you the insider knowledge from Cramer and his research team on how to be positioned in this market. Not only will the call educate, it will serve up actionable investing ideas and themes.