Markets are teetering on the brink of disaster. October storms are just around the corner and BIDU is soon to be delisted and changed to BIDUQ.
The idea of Trump limiting US investment into China is patently absurd, on par with applying sanctions onto a terorrist state. What’s the end game here? War? This country loves created a crisis out of thin air, just to solve it later. Obviously, the art of the deal has fallen short, thus far, so Trump is increasing the pressure on Beijing to acquiesce.
Given the current political climate, I doubt they will. Ergo, prepare for broken elevator trading action next week.
Top ideas: Volatility, short China.
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Trump will need a deal with China ahead of the election, badly. He knows he will look like the champion of the world if he can avoid impeachment and seal a China trade deal, believe me. If he fell over dead today, his Presidency will not have looked too good in the history books, sad ! He will be using all of his powers and skills, which are significant, to make this go right, indeud.
Markets are fucked
Prepare your ass for a fucking deal.
China can wait out a second four year term if needed, as long as they can maintain social stability. And Trump is giving China all the hoo raa needed for the people to accept some pain. Meanwhile Trump needs to get a second four years. Talk about placing your foot in a bucket of shit. Ain’t making friends home either in the meantime.
Xi must be having a chuckle “I’m here for life, and you may not even make your 4 years”
But he may pull a rabbit outta a hat and capitulate to the Chinese. That would place all his foes on the wrong side of the chess table.
Xi is no lifer. He can be removed like any mortal puppet.
https://www.bloomberg.com/news/articles/2019-09-23/xi-s-communists-under-pressure-as-high-prices-hit-china-workers?utm_source=twitter&utm_campaign=socialflow-organic&utm_content=asia&cmpid%3D=socialflow-twitter-asia&utm_medium=social
“Patently absurd.” So true. The administration should cut off investing in Mexico, Canada, Europe and Tanzania as well.
World War III began with the battle of Syria. So has it been written, so has it been done.