As China Threatens Yuan Shorts With ‘Huge Losses’, Here’s The Ultimate Irony
Still, you can hardly blame the market for thinking the yuan is headed lower.
Still, you can hardly blame the market for thinking the yuan is headed lower.
It’s too hot to go out, but too nice to stay in.
“… an engagement that White House officials say he’s been anticipating eagerly.”
“It is more likely than not”…
We may be moving closer to a situation where Beijing feels like it has no choice.
“This change puts foreign exporters on notice”.
I’m out of farmer jokes.Â
“Global trade is clearly now being dragged into the mud by a ‘vicious spiral’.”
The only question now…
“…even if global economic and financial conditions continued to improve.”
Obviously, the macro narrative is a train wreck, but…
“It is time to bring this trade war to an end”.
Donald Trump likely won’t be in a good mood as the new week dawns.
Just after 8:30 AM on Tuesday, Donald Trump sent his eleventh tweet of the day….
But beware “miscalculations”.
“…this is a possible continuation of the March episode.”
A slippery slope, indeed.
Whether or not this is a genuine nod to the desirability of solving disputes amicably is questionable, at best.
“Ongoing concerns about export-market access”…
“If anyone thinks the Chinese side is bluffing, that will be the most significant misjudgment.”
Donald Trump is walking down a dangerous road – and he’s out of reliable guides.
“It seems to us the war is indeed spreading beyond tariffs”.
Local stability, but mind the “bandit” at 1600 Penn.
Good luck sorting out what’s in the driver’s seat.
Now we’ll all wait on the inevitable tweets.
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