August Market Turmoil Proves ‘Bad News Is Good News’ Trading Philosophy Has Limits
Perverse dynamics only persist until their inherent contradiction is exposed.
Perverse dynamics only persist until their inherent contradiction is exposed.
“If we don’t that’s fine, if we do that’s fine”.
“What if – take a deep breath – the Chinese authorities are not as in control of events as investors assume”?
On the bright side…
And that’s not all Hu “knows”.
This is one incredible juggling act.
By that time, nobody could hear him…
Let’s just call it a coin flip.
What would it say about the state of things if the Fed had indicated three cuts were necessary this year?
“Things are going along very well with China”.
Maybe “crash” is a bit hyperbolic, but “plunge” is entirely fair.Â
What’s not to “like”?
The president clearly believes his luck will never run out.
“We’d save a lot of money”.
“It sure looks like someone knew this was coming”.
Everyone knew it was coming.Â
Even in a benign situation, a rotation could catch lopsided positioning woefully offsides.
You can hardly blame anyone who’s nervous
“Tariffs only have a positive impact on the US”.Â
“It’s unbelievable the sort of twilight zone that we’re living in”.
“We’ll see what happens”.
“Trump might be rolling it into our gates”.
“And that’s very complex by the way.”
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