Death By Trade Tweet: How FX Markets Cope With ‘High-Volume Tariff News’ Days
“Chirp, chirp”: the yuan is crashing.
“Chirp, chirp”: the yuan is crashing.
Steve Mnuchin is in a tough spot.
“Tightening hurts all we have done.”
Never a dull moment for the greatest show on Earth.
Waiting on intervention that never seems to come.
“I’m letting them do what they feel is best.”
“Buy the dip” is now “sell the rip”, don’t ya know?
“Totally unacceptable”…
“This kind of taxation is a typical trade bullying-ism.”
Slippery slope to economic hell, here we come.
“It feels like he is on a highway driving against the traffic and is pushing the gas pedal.”
Let’s just say Chinese stocks did not start July on a positive note.
This is *not* the base case, but someone will invariably pitch it as such.
“Covfefe” happens.
“Do you see what happens Larry”
“We as Iran, and I hear Iraq and Venezuela, are against any increase in OPEC production.”
Because “fuck ’em”, that’s why!
“You will ride eternal, tacky and gold leaf”…
What happens in Singapore stays in Singapore.
“…re-risking is likely to continue during the summer as volatility stays contained and investors increase equity positions.”
“No good and will not be accepted!”
Just when you thought it was safe.
“Loud and clear”.
Or at least “loud.”
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