Navarro says comments on China `taken wildly out of context'

Despite Fed intervention and retail FOMO

I see a massive risk off event in the charts with the R rate increasing globally and the election jitters

It'll be an overnight fall and then a capitulation sell off over 3-4 days

I envisage it'll start in the 3rd quarter

Investors and traders need to be aware at this juncture . Volatility ahead

The apparently False news, that FF readers were treated to..
that the China deal was finished was published on Fox News. I think that says 50%
The second 50% shows that the administration is losing control of its policy transmissions to the market.
In an environment where the trade economic and foreign policy of the worlds dominant financial and military power is behooven to domestic electoral preoccupations by a POTUS under seige from domestic disunity, skepticism of allies and opportunism of foes.. its very dangerous place for retail traders and investors.

Indeed - it will be interesting to see how this unfolds and just how dirty it gets (which I'm sure judging from the last one is a guaranteed certainty)

Polls look interesting

FT source

https://ig.ft.com/us-election-2020/

Following on from on/off 'deals', market jitters and some rapid backtracking.

Now I'm picking up such gems as

"Trump says he's 'authorized' arrest of anyone 'who vandalizes or destroys' monuments"

"Trump Threatens Anyone Caught Vandalizing Federal Statues With Ten Years In Prison"

Firstly - isn't this already covered under laws relating to criminal damage?
Secondly - Since when does he have the authority to just lock people up?


Then there's

"Trump blasts Bolton as ‘washed up Creepster’ as book hits shelves, says he should be ‘in jail’ "

Looks like someone got out of bed on the wrong side this morning and took a leaf out of the Saudi Playbook (yes they're in the news again) i.e. discredit or lock-up (or both) all your political oponents because they don't agree with you? (Or actually might have some truths to tell?)

One wonders what else is going to come out of 1600 Pennsylvania Avenue today?

This administration is likely to do everything in their power to make sure the stock market stays up - never mind bubbles - because DT needs to be able to point to it and say "The stock market (Code for America) is doing great because of me".

They may not be able to pull off that trick for very much longer though...

It came out your mouth but it was taken "wildly out of context". You didn't say the trade deal might run into some issues or anything like that you said it was "over". What point did he make about trust in his initial statement? He can't even backtrack his lie properly.

Easy

by bey mr yen

He dropped stock down to buy the dip

Just a small market sell-off and they have to immediately back down, tells you who the real world power is.

Someone's definitely making money off of these contradictions. Needs to be looked into by authorities.

Manipulation again

There you go again... like master, like boy... unstable like water

this guy literally was selling stocks. he had to push the price down..lol

so he was joking? and think china will take the bait

in other words, Navarro: "I can't believe anyone took me seriously."

The most predictable thing about Trump is his unpredictability

Peter, Trump may enjoy your liver with some fava beans and a fine non-alcoholic Chianti.