Markets Warily Weigh Aggressive Trade Banter As New Week Dawns

"China is DREAMING that Sleepy Joe Biden, or any of the others, gets elected in 2020", Donald Trump said, as trading got underway in Asia. "They LOVE ripping off America!" Suffice to say that kind of rhetoric isn't conducive to defusing a tense situation. Anyone hoping Friday's rebound in risk assets had legs or that Trump would be inclined to tone down the bombast after a tumultuous week across global markets, was disappointed on Sunday evening. To be clear, things had already deteriorated f

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One thought on “Markets Warily Weigh Aggressive Trade Banter As New Week Dawns”

It’s fine. They’ll get the Acting Assistant Deputy Undersecretary of Commerce to go on CNBC and Fox Business and say that talks are going fine and the markets will be up for the day. I think the technical term for it is “stick save.”