“Trump doesn’t want to see a big market crash, so he will be making adjustments…”  “Cash is king” as he waits for the trade war storm and mounting macroeconomic headwinds to blow over.

He pointed out that he has “become very bullish on China” and sees possibilities for Beijing to boost trade and domestic consumption amid the ongoing trade war.

https://www.zerohedge.com/markets/cash-king-mark-mobius-says-his-funds-hold-95-cash