Futures reverse down as China puts tariffs on the U.S. in a retaliatory measure. Powell yaps today. Thrilled yet that we cannot have a day with central bank or trade noise?
Our stance remains…China is a bad player but this administration has read China all wrong. They are not lying down and are not going to lie down and we promise you one thing…if this escalates, look out. Not kidding.
Have a great weekend.