This should help the Bears. Sources

    Posted by amcap on 1st of Dec 2019 at 09:26 pm

    This should help the Bears.

    Sources in Beijing informed the Global Times that China insists the tariffs must be rolled back as part of the first-phase trade deal. A US pledge to scrap tariffs scheduled for December 15 cannot replace the rollbacks of tariffs. #ChinaUSTrade  # TheBusinessSource

    I don't believe Trumps  primary

    Posted by retirefire on 2nd of Dec 2019 at 09:19 am

    I don't believe Trumps  primary goal is to terminate tariffs and have some "kind of happy" trade deal with China. What Trump wants, Communist China will NEVER capitulate to. Giving up something for less pain is NOT even in the Chinese mentality and is seen as weakness. Few realize Trump has already spent years planning ways to bypass and circumvent China through new trade deals. USMCA is primary (and Pelosi knows it yet will protect multinational corporations and money train, rather than Main St. USA). Trade deal forthcoming with Britain post Brexit will circumvent the E.U. Trump is cultivating  relationships with Argentina and India. China will left with pork bone in hand (nothing). Peter Schiff crying the blues because he sees what will happen to Euro Pacific Asset Management and it won't be pretty.  Wall Street is slow to recognize this. Mitch McConnell and his cartel of Rhino Senators , backed by Tom Donohue C.O.C. slush funds,  are panicking. The ORANGE man must be stopped (sarc.) My humble opinion.

    I think you have made

    Posted by ssaffer on 2nd of Dec 2019 at 09:31 am

    I think you have made a very astute observation.  Trump wants US companies to channel shift to other more US friendly and greater ability to control their markets (via the "IMF").  South America and India are good options and more democratic.   Lat December Tim Cook was whining about the tariffs and how it is going to greatly impact his company.  1. Why would you not think that China will eventually steal your IP (The basic philosophy of communism is that you must share).  2. Look at Apple's stock today (all time highs).   Tim Cook set the stage that things would be so dire, but as the market snapped back and the Fed starting lowering rates - The stock is up over 100% since the December low and now he looks like the hero for the company.  Well done. 

    Futures up on China economic

    Posted by ssaffer on 1st of Dec 2019 at 10:58 pm

    Futures up on China economic data (if you can trust it).   


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