Larry Kudlow Pours Cold Water On Market, Says No China Trade Plan Is Being Drafted

Well, so much for that. Everybody was pretty excited about overnight reports that Donald Trump instructed his cabinet to draw up plans for a trade truce with China following what the President described as a "very long, very good" phone call with Xi Jinping. So excited were markets, that the Hang Seng and the Kospi surged the most in seven years, spearheading a ridiculous rally across Asia which then spilled over into the European session. We were hardly the only folks to suggest that marke

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3 thoughts on “Larry Kudlow Pours Cold Water On Market, Says No China Trade Plan Is Being Drafted”

Now that our collective rose colored glasses have been thoroughly ripped off and stomped upon yet again, and knowing the Big One is coming very soon in 2019, how is the market supposed to rally into the end of this year?

Stefan

November 2, 2018 at 2:09 pms Reply

I suppose this is the part where “If Santa Claus should fail to call, bears will come to Broad and Wall” comes true.