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December 6, 2018
Investors parse through every word you hear from officials who could impact the markets. the market looked at the president. taking the trading note on tuesday. basically calls the president a liar. says his tweets make no sense. tying themselves in knots trying to support them. is chip playi ichina playing th? one analyst says all china is trying to do is drag these negotiations out. by giving the trump administration reason to believe progress is within reach. isnt that stunning? that china co...
December 4, 2018
Spend more on agriculture and energy and industry products. again, thats the exact plan they were always going to take. it is chinas goal to move up the china and make things like electric cars and airplanes. so it was mind-boggling at best for us to try to interpret what the president said since china didnt mimic any of his statements and the presidents own administration did not back the president statements up as it related to the auto industry. i want to bring in cnbcs bob pisani. i started ...
December 4, 2018
Unraveling or maybe it never existed. he talked such a big gain this weekend and you saw the market shoot up in part because there wasnt bad news and the president blinked. but we heard almost nothing out of china. it was jp morgan in a trading note this morning that said the trump administration is contorting themselves into pretzels trying to find a way to back up the presidents tweets and what he said about chinas commitment. there is no commitment. jpmorgans ceo said it would be great in 90 ...