The Whites Of Their Eyes.
Once again, trade tensions were front and center for markets, although on Tuesday, risk sentiment improved a bit compared to what was a truly rough start to the week on Monday.
U.S. equities rebounded and the Russell and Nasdaq outperformed, but the bottom line is that nobody knows what's going on. Just ask CNBC, a network that knows something about what it means to not know anything:
If it wasn't a trade "war" before, it damn sure is now. This afternoon, reports suggested Canada is all set
What amazes and frightens me is how this administration can just make shit up. I mean completely pull things out of their asses and how many people just… go along with it. They don’t question it, they accept literally whatever these guys come up with, so long as it sounds good and plays to their egos.
What happens if there is an economic slowdown? Will they just start making up GDP and employment numbers?