Where’s the Much Touted China Deal, even if Partial?! It is less than even one business day since Trump and his administration touted the (partial) China agreement, and there is already talk of that deal not really materializing yet and Mnuchin already talking of December tariffs if there would be no deal by then! It (more…)

Caution: Curb Your Impulses to Chase the Markets The overnight futures market spike surrounding the hype/hope about a “partial” trade agreement could prove hazardous for impulsive traders who could be itching to chase the markets. Retail positioning and today’s option expiration, coupled with the range of possible outcomes from the trade negotiations could see both (more…)

Chaos the New (Political) Strategy? The conflicting reports with no sense of accountability on anyone, and the resulting chaotic trading in the overnight futures markets, seems to define the order of the new political strategy/desperation. A series of irresponsible steps on the geopolitical front is fast diminishing the credibility of the U.S. on the global (more…)

Political Desperation or National Economic Interest? With the potential fiasco with the trade war now becoming clearer to the public, political desperation (or, is it sincere National Economic Interest?) appears to be pushing both Xi and Trump to consider a face-saving “partial” trade “agreement” – a clear indication of the long road ahead in making (more…)

So Close and Yet So Far! With the potential fiasco with the trade war now becoming clearer, with everything from North Korea to Syria appearing bumbled, investors seem to be fast losing confidence in a continued Goldilocks scenario with the economy – domestic as well as global. The overnight slide in the futures speaks to (more…)