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  • Trade War Fears Are Returning to a Virus-Lashed Wall Street

    From bnnbloomberg.ca

    After months fixating on complex infection curves, ambiguous corporate announcements and haywire economic data, investors risk being blindsided by an old foe: U.S.-Sino tensions. President Donald Trump and his administration have been sharpening their criticism of Beijing, demanding answers about the origins of the coronavirus pandemic as the death toll approaches 70,000 Americans. That raises the specter of a resumption in the trade war at the worst possible time for global markets already pricing in heroic expectations of an economic rebound. Expected volatility for American stocks is climbing as the S&P 500 ... (full story)

i dont know what this is about. i guess it would be a good way to get oil up if they want interruptions in the market
There are no ends to which the current US Administration will not go to ensure that the Trump re-election campaign will succeed. The projection of blame on China, for its own obvious negligence in recognising, preparing and now managing the damage created by this CV19 virus is just a start.
The Administrations desperate need to escalate this confrontation to a international Blame Game to provide its core voters with a "Them v Us " narrative to appeal to their nationalistic patriotism and DIVERT attention from the complete Cluster-F* from its own accountability... for the current economic impact.
This is of serious importance for traders to understand.. to position themselves for the very volatile times ahead. And avoid being taken in by the raft of Administration media spin and US administration sponsored HS that is coming down the line.
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We've got an "objective opinion" about everything today... No arguing with the market,though...Like WB said,"It doesn't pay t bet against the U.S...."
Confucius: the man who broke the mountain was the same man who started ...
Quoting Vancarbon
I really think the hypocrisy by certain prolific posters is self evident . They espouse non-partisanship yet every opportunity they're on the case "like a rat up a drain pipe " Not a fan of Trump but good on him bringing the culprits ( China ) to task . Ross . Why the Feck don't you want to address the " Chinese cover-up " Your non-partisan rhetoric is total BS and you're showing your " true colours " .
Good stuff Van..

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  • Story Stats
  • Posted: May 4, 2020 2:06pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 6  /  Views: 3,852