Déjà Vu All Over Again As China May Provide Relief To Trump’s ‘Great Patriot Farmers’
It's déjà vu all over again as the ubiquitous "people familiar with the matter" say China is thinking about buying some US farm products in a "goodwill" gesture as trade negotiations resume following the Trump-Xi truce struck over the weekend in Osaka.
Products that could see new Chinese demand include corn, pork and, of course, soybeans.
According to sources who spoke to Bloomberg, volumes will be determined by how much progress there is in the talks, but regardless, the purchases will "p
It seems as though sooner or later this stock market will catch on to the fact that there is a law of diminishing returns involved in recycling the old bullish events that didn’t work the first time around..A little like putting stale crackers back in the pantry for future use wouldn’t you say???
Probably get a rally anyway though…..