An Awkward Combination.
To the extent there are any good vibes, they aren’t likely to last.
To the extent there are any good vibes, they aren’t likely to last.
Donald Trump likely won’t be in a good mood as the new week dawns.
But beware “miscalculations”.
“…this is a possible continuation of the March episode.”
“Ongoing concerns about export-market access”…
“If anyone thinks the Chinese side is bluffing, that will be the most significant misjudgment.”
“[The numbers] are literally bad”.
The problem isn’t so much the numbers as it is the timing.
“If the Federal Reserve ever did a ‘match'”.
“We can make a deal with China tomorrow. No way!”
“We’ll let you know in about three or four weeksâ€.
“…at least optically.”
“…will only get worse.”
“We are right where we want to be.”
Barring something (else) out of left field, the week ahead will be dominated by trade jitters.
… call for desperate measures.
There’s an “art” to this.
No time for complacency.
“What if markets do not understand how policymakers will respond?”
Don’t call it a comeback – no, really, don’t.
“While that may well be the plan”…
“Rough day” doesn’t quite capture it.
“In the short term, it’s not necessary.”
Sell the news, baby. Sell the news.
This will certainly come as a relief.
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