Wednesday’s Trade Rumor Ramp Is Brought To You By WSJ And ‘Made In China 2025’
Commence the daily trade rumor pump!
Commence the daily trade rumor pump!
“…often go awry.”
“A new perspective on monetary policymaking in the post-crisis world.”
Now commence the OPEC tweets.
Let’s get to the real story from Thursday, ok?
“…we will be charging major tariffs.”
Searching for the elusive “pot of gold.”
Can they both be right?
“Our base case is that there will be no agreement.”
Right up until Wednesday at lunchtime, there was a lot of fear out there.
“The local pain-trade remains Equities higher.”
“Ok you guys, show of hands”…
Sorry to employ a bad (and horribly obvious) cliché, but…
This is a big week.
On the bright side, at least “cash” actually yields something these days.Â
“Why the terrible year for financial markets? It’s easy – the Fed.”
The question is whether SocGen will be forced to revise up their target or whether the rest of the Street will end up catching down to the bank’s reality.
“For financial journalists, pinpointing the source of the next meltdown is no easy task. The ones who did so pre-2008Â were few.”
Amid the storm, there’s one place where volatility isn’t showing up…
Obviously, the market could have done without Nvidia’s stumble after the bell on Thursday.Â
Guess who isn’t on the list?
Violent chop and a binary event.
There’s good news and bad news for beleaguered shares of Apple – but mostly bad.
“A sloppy situation within the U.S. Equities space is getting even messier”.
Welcome to your new nightmare.
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