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Ep. 67B – A Global Trading Game of Chicken

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How much longer will this “trade war” continue? Everything was supposed to be “great,” historic,” “fantastic,” “remarkable,” etc etc etc… Now we know that the talks were taking too long and that additional tariffs needed to be increased on Chinese goods – this is per the President’s tweets. The Chinese have retaliated and global equity markets are selling-off. A tweet kick- started this market selling – will new tweets counter this and will we be “risk-on” again later this week? It’s anybody’s guess, we’re in the financial world of Oz, and anything can happen, but these tactics on the US side and their “success” are coming into question. Who blinks first?

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