For The First Time In 5 Years, China Drops Key Currency Pledge In Sign Of Growing Angst
That date with a 7-handle is becoming harder and harder to postpone.
That date with a 7-handle is becoming harder and harder to postpone.
“If you strike me down, I shall become even more irrational than you can possibly imagine.”
Now let’s see how local markets react to the imposition of watered down sanctions from Steve Mnuchin.
“We’re going to go back where we were [in 2014] if we’re not careful.”
Before you get too swept up in the prospects for a squeeze higher in equities into year-end, don’t forget this…
It was all good just a week ago.
Bad news to close the week, as mainland shares nurse a five-day losing streak.
See you in December.
So far, so good for Wall Street’s midterm election forecasts.Â
What to expect – or not.
The midterms. The sanctions. The trade war. Winter is coming.
“It’s the category that counts.”
We’re not there yet.
The big question.
You better hope that trade “deal” isn’t “fake news”…
“This is unsustainable.”
On Wednesday, markets received a slew of economic data to support the notion that the era of “synchronous global growth” is over.
Why it would “be prudent” to wait on full capitulation.
It can’t possibly be as bad as last week, right?
We haven’t reached the pain threshold.
“Chinese policy seems to swing from feast to famine.”
Grab a parachute.
“Hello darkness, my old friend.”
Death by a thousand cuts.
“We are experiencing a shift to a risk-negative mindset again”.
Remember, prediction markets haven’t been the best guide over the past several years.
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