Trump tweeted over the weekend that he was going to increase tariffs on China this Friday,
he thought the Chinese were trying to renege on some of what had already been agreed and
he’s also thinking about putting tariffs on $300 billion more of Chinese imports, which
are currently not subject to tariffs.
China proxy NK shoots off missile (that is trade negotiation, China-style.) Trump responds by sending two warships through Taiwan strait, and threatening new tariffs (trade negotiations Trump style). “Market” responds but as is often the case, to the wrong interpretation. VG buying opp. in stocks imo.
First … Fully — get yourself a twitter account. Active discussion by 6pm last night.
Second .. I’m with Curly. This is VERY HIGH STAKES geopolitical POKER, and the future of the US and The West are at stake here. Trump’s ‘fault’ would be the shallow and myopic interpretation. The rest of us are looking out for years and perhaps decades, after looking back and seeing how prior leaders gave away the store without getting much back in return. Trump is just holding feet to the fire here.
So also then has been the 1000 pt SPX rise since he took office?
EW still says no re this drop, as most had Friday’s bounce as a b wave of a correction that started Wed, so we were calling for a c of iv down.
So did my own system.
Market was “waiting for it/something”.
It reads between the lines.
Ah…should have guessed…Trump’s fault
https://www.investing.com/analysis/opening-bell-200417149
Trump tweeted over the weekend that he was going to increase tariffs on China this Friday,
he thought the Chinese were trying to renege on some of what had already been agreed and
he’s also thinking about putting tariffs on $300 billion more of Chinese imports, which
are currently not subject to tariffs.
Trump’s Tariff Tantrum Tramples Trade Talks, Technology Tanks
China proxy NK shoots off missile (that is trade negotiation, China-style.) Trump responds by sending two warships through Taiwan strait, and threatening new tariffs (trade negotiations Trump style). “Market” responds but as is often the case, to the wrong interpretation. VG buying opp. in stocks imo.
Latest: Beijing Says Trade Delegation’s Trip To Washington Still Happening Despite Trump Threats
https://www.zerohedge.com/news/2019-05-06/beijing-says-trade-delegations-trip-washington-still-happening-despite-trump
Absolute poetry. Trade deal very soon imo.
“Ah…should have guessed…Trump’s fault”
“Absolute poetry. Trade deal very soon imo.”
First … Fully — get yourself a twitter account. Active discussion by 6pm last night.
Second .. I’m with Curly. This is VERY HIGH STAKES geopolitical POKER, and the future of the US and The West are at stake here. Trump’s ‘fault’ would be the shallow and myopic interpretation. The rest of us are looking out for years and perhaps decades, after looking back and seeing how prior leaders gave away the store without getting much back in return. Trump is just holding feet to the fire here.
Yes But this drop in futures IS Trumps Fault.
So also then has been the 1000 pt SPX rise since he took office?
EW still says no re this drop, as most had Friday’s bounce as a b wave of a correction that started Wed, so we were calling for a c of iv down.
So did my own system.
Market was “waiting for it/something”.
It reads between the lines.