Risk-On, But For How Long? The Data Is Dour

Risk-On, But For How Long? The Data Is Dour

Unsurprisingly, the mood was risk-on in early trading as the market cheered another trade truce between the world's two largest economies. The new ceasefire looks a lot like the agreement struck in December, when Donald Trump agreed to delay a planned hike to the tariff rate on $200 billion in Chinese goods, originally scheduled for January 1. That tariff hike was implemented in May after talks broke down. With the threat of new tariffs on the remainder of Chinese imports now delayed indefinit
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3 thoughts on “Risk-On, But For How Long? The Data Is Dour

  1. So what part of this scenario is a big surprise??? There is a distinct pattern here.. Unfortunately the pattern will break and I admit I can’t predict the surprise…

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