Welcome to Q2, fuckers.
News out of China, robust — in spite of tariffs.
Shares in China jumped in early trade, with the rest of Asia following suit.
Factory activity in China jumped unexpectedly in March — rising for the first time in four months — according to an official survey released Sunday. The Caixin/Markit Manufacturing Purchasing Managers’ Index released on Monday also surprised on the upside.
On the U.S.-China trade front, high-level trade negotiations between the two economic powerhouses are set to resume in Washington this week following last week’s talks in Beijing.
How do ya like that? That’s what happens when you have dat exuberance.
Dow futures are +155, oil is up, yields are running higher. “The Fly” wins again.
Nite.
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