Posted on Apr 9, 2018
Trump touts 'friend' Xi in effort to soothe trade fears - Reuters TV
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Trump touts 'friend' Xi in effort to soothe trade fears: via @ReutersTV
Trump touts 'friend' Xi in effort to soothe trade fears - Reuters TV
Posted from reut.tv
Donald Trump
China
International Trade
Posted >1 y ago
Responses: 4
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IMHO, president Trump is playing a different version of Russian Roulette.
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What the media isn't telling us is that after they attempted to co-opt the tariff scare for soy beans is that several European markets bought China's soy futures. There is more to the story than the media is telling. There is always another market. China needs to play ball, they aren't the only country with needs.
"..U.S. soybean purchases by European buyers, after Chinese demand sent Brazilian prices surging..."
https://www.cnbc.com/2018/04/09/reuters-america-grains-wheat-gains-on-crop-risks-soybeans-firm-on-export-sales.html
"..U.S. soybean purchases by European buyers, after Chinese demand sent Brazilian prices surging..."
https://www.cnbc.com/2018/04/09/reuters-america-grains-wheat-gains-on-crop-risks-soybeans-firm-on-export-sales.html
GRAINS-Wheat gains on crop risks, soybeans firm on export sales
PARIS/ SYDNEY, April 9- Chicago wheat futures rose on Monday to a three-week high as cold weather threatened to stress U.S. wheat already weakened over a U.S.-Chinese trade dispute. "There are concerns about cold temperatures causing some frost damage, coming after last week's U.S. Department of Agriculture crop report that showed the damage of recent dry...
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So... Trump starts the “China scare” and the stock market sunk. Now, he makes up and socks will rise.
Chances Trump and his buddies invested in the stock market while ago this went about?
Chances Trump and his buddies invested in the stock market while ago this went about?
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SPC Erich Guenther
You betcha! Gotta love program trading!!! Though I have to admit the gains were much more lucrative under Obama back when I could short the companies he was personally picking to succeed in the Solar area and Electric Car areas. Fisker was an obvious loser as a car company before he poured money into it......no brainer there. Who says dumb politicians always inflict pain???? Then there was Obama's penchant for announcing everything he was going to do well in advance or the predictions his minions would make publicly. I made over $80k just on one of his Economic advisors telling everyone it would take years and years for housing to recover in this country. Pulte Homes stock tripled in less than a year after that. So I got a free Mercedes with just one Obama admin comment. Though I still like the ups and downs with Trump. So far Obama was more predictable and Obama gave a much longer runway between comment and market reaction than Trump.
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