Black Swans Crash Summer Dog Days For War-Weary Markets
Or, at least, gray rhinos.
Or, at least, gray rhinos.
Despite the unwelcome turmoil and surging safe havens, stocks are resilient.
Meanwhile, the People’s Daily is on offense.
“Why is that ‘clearly they’re manipulating”?
“Really disappointing”.
For now, anyway, the exit from this self-fulfilling prophecy appears to be blocked.
“If we don’t that’s fine, if we do that’s fine”.
Another mini-escalation, perhaps.
We are now squarely in the throes of a global currency war.
That said, risks come back into play starting in late August.
“What if – take a deep breath – the Chinese authorities are not as in control of events as investors assume”?
Feeling emboldened after Wall Street’s best comeback of 2019?ÂÂ
Hot takes, coming right up.
“Incompetence is a terrible thing to watch”.
This is one incredible juggling act.
Well, that’s not great news.
This is why things need to stabilize in a hurry.
This is becoming a “sum of all fears” scenario.
By that time, nobody could hear him…
Mind the 2020 implications.
“With a sense of urgency”…
Markets could be in for a messy couple of days.
This isn’t likely to please Donald Trump.
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