Relief, But Not-So-Great Expectations.
“Unanimous concern and disappointment” and deteriorating sentiment despite a bid for the periphery.
“Unanimous concern and disappointment” and deteriorating sentiment despite a bid for the periphery.
Just when you thought it was safe.
“Trump changed the dynamic regarding China but in one weekend Secretary Mnuchin has given it away” — local moron.
Is it a “trade war” or isn’t it a “trade war”?
“And this current rally likely has room to run, particularly from a returns perspective, as the current fundamental backdrop for oil is now more bullish than we had expected as strong demand now faces supply disappointments.”
“Who wants to buy stocks in a country where the currency is weakening?”
Well, here’s hoping the “dragon energy” is with you on Thursday.
“Habitually. He’s a habitual line stepper.”
The spillovers will be “tremendous.”
“At length, you get Donald Trump instead, and you get his half-baked advisor, Peter Navarro, on bubblevision explaining that protectionism is the new route to free trade.”
Don’t worry everyone! Larry Kudlow will save us!
Ok, the U.S. Trade Representative’s office has published the list of Chinese products that will be subject to U.S. tariffs.Â
Well, according to the Washington Post, Trump’s life is basically a series of steak dinners with some (very bad) president-ing in between.
The end of the WTO? And much more…
“This seemingly counterintuitive result has a distinct ‘path-dependent’ flavor.”
I don’t know where you’re supposed to turn for “analysis” from here.Â
“…he got up each morning this week not knowing what he would do.”
“The only major nation that seems to want to destabilize the global trading system is the U.S.”
Don’t poke that dragon.
Trade wars, Russians, morons, markets.
Congrats, Larry. You’re now in the “stable genius” advisory business.
Trade banter and CPI. That is all. Or at least all we know.
So that’s amusing and I’m not entirely sure that’s what Trump had in mind. Or who knows, maybe a “very stable genius” has thought all of this through and talked about it with his best friend Xi who “some people call the king of China.”
“…what more evidence do you need that the financial markets are completely uncoupled from reality and that these feeble bounces between the 50-day and 20-day chart points are essentially the rigor mortis of a dead bull?”
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