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‘Excellent’ China Trade Call Fans Hope For Concrete Breakthrough
Talks between Bob Lighthizer, Steve Mnuchin and Liu He went swimmingly on Friday.
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Yup seems likely… I mean the Pence speech obviously is not going to cause any issues.
Well as it appears we were hell bent on a trade war and …..oh well I guess we just plain changed our mind… First thing that comes mind is In what way are we now (both sides ) better off than we were before we started all this…I guess all the imbalances have miraculously disappeared …. except of course cheap interest rates and inflated equity prices…..Sounds like a Bullish event ….
Prediction: Fed meeting hints at end of “easing cycle” or some hawkish commentary. Trade war gets escalated (again) within 24-48 hours.