Unsure if this is total bullshit, but it looks like Trump got a ‘partial deal’ that enables him to call a truce, which might mean a cessation to the tariffs.
*U.S.-CHINA SAID TO REACH PARTIAL DEAL, COULD SET UP TRADE TRUCE
— lemasabachthani (@lemasabachthani) October 11, 2019
I sold PRTY for a +12.5% gain and FAZ for a 3.8% loss. I am now allocating to the long side with my 40% cash. I won’t spend it all, but I like this fucking vibe.
WISH ME LUCK!
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Sell the news, pal.
“agricultural concessions” for “tariff relief”? As in “we’ll buy food so our people don’t starve and overthrow us”?
If true, Trump folded like a lawn chair.
Tariffs still in place (only increase on hold). Trump forces China to demonstrate whether they are good on promise or not. What was lost?
I was posting based upon the rumors. In reality, with Dec tariifs still in palce, nothing lost, nothign gained.
They’ll spin it as a trade deal but it appears to be nothing more than the last time the ChiComs said they’d buy more soybeans in exchange for a freeze on tariffs. How’d that work out then?
Isn’t that where we started? They were buying our soybeans without tariffs 2 years ago. Am I missing something?
It’s almost like the PPT called the bottom…