iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
19,771 Blog Posts

China Delivers the Death Knell to Trump’s Presidency: Trade Talks End Without Progress

NO ONE KNOWS WHAT THE FUCK IS GOING ON HEREWH says SCMP report is inaccurate. Spox Judd Deere tells me: “We are not aware of a change in the Vice Premier’s travel plans at this time.” Senior admin official says Liu still scheduled to depart Friday evening, and dinner is on for the delegation Thursday evening in DC.

This is why we can’t have good things here. As soon as shit started to look good, BAM! — the fucking Chinese come in and fuck us. It’s bad enough Turkey has been let loose to genocide the Kurds, now we have to deal with the fucking Chinese. Jesus Christ.

Source: ZH
“They have made no progress,” said another source familiar with the talks, adding that the Chinese side had not made headway in persuading US negotiators to consider a freeze on tariff increases, a main priority for Beijing.

And confirming that the week’s entire negotiation was a fiasco from the start, the SCMP reports that the Chinese delegation is planning to leave Washington on Thursday – one day early – and after just one day of principal-level talks, the SCMP source noted. Beijing’s negotiating team, headed by Vice-Premier Liu He, had previously planned to leave Washington late on Friday, allowing for up to two full days of talks.

I only lament severely because I am long, having sold out from my TVIX position today — thinking Trump had his shit together. But I was wrong.

Nasdaq futures are down 30, Dow 70. The futures were down a whole lot more earlier, more than 300. The folks at CNBC were speedily jerking off to that news and now they’re stuck with flaccid cocks and stupid headlines, whereas I have a glorious headline and a stomach filled with mushroom risotto, made by my own hand.

In related news, Trump is finished!

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9 comments

  1. it is showtime

    HA – HA – MotherFUCKERS
    Nice antic-psyop on configured and fixed algo systems that China Us Trade had developments supporting “nonstop” index rising. HA ha fuckerlosers

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    • 2 Deem this to be "Fake News"
  2. moosh

    I’m completely flabbergasted

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    • 0 Deem this to be "Fake News"
  3. dae42

    Fake news duh.

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  4. acehood

    This market is worse than the Greek troika days.

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    • 0 Deem this to be "Fake News"
  5. one-eighty

    America has run away from Syria like a coward, abandoning its allies.
    America has started a trade war with China that it can’t win.

    Recession Man is digging in.

    Go Nancy Go!

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  6. it is showtime

    I wouldn’t be surprised if they saw my post and swapped out futs. (Lol: they do not want a shorter or any shorter to win) You know I’m goin in for the kill aholes

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    • 0 Deem this to be "Fake News"
  7. metalleg

    Trump’s not losing because no one with a brain will challenge him. Look at the potential challengers. His base is locked in and aren’t going anywhere.

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    • 0 Deem this to be "Fake News"

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