Trump Is ‘Pleased To Inform You’ He Was Just Kidding About Those Mexico Tariffs
The farce is complete.
The farce is complete.
The whole thing is now maddeningly reflexive.
“I’m hoping that doesn’t happen”.
“We are once again forced to chop our forecasts”.
We’re now witnessing a veritable mania in Fed cut speculation.
This just “adds to the current backdrop of weak international airfreight activity.”
“The Australian situation.”
“China will act rationally in the interests of the Chinese people, the American people, and all other peoples around the world.”
“The investigation into FedEx will be a warning to other foreign companies.”
All in all, it was a fittingly sour end to the second-worst May for US equities since the 1960s.
It would be supremely ironic is “Tariff Man”‘s Waterloo turns out to be duties related to illegal immigration.
Where’s the bottom for yields?
Witness the spiraling nature of conflict.
Mike Pence isn’t good for much, but you can count on him for three things…
Here we are – walking into meetings with America’s closest allies and proudly pointing at bulging binders.
Things have taken a wholly unfortunate turn into month-end.
This is probably more about the signaling effect than anything else.
Eggs will be broken.
“It is more likely than not”…
We may be moving closer to a situation where Beijing feels like it has no choice.
The only question now…
These are the bad times.Â
Tightening the noose.
A decision is expected within “weeks”.
The word became so ubiquitous in trade war commentary that it ceased to have any meaning.
They say you can’t hedge a portfolio for the end of the world.
“The reality is”…
You must be logged in to post a comment.