Quote:
Originally Posted by whell
Yawn. Another day, another case where a faux crisis is skewered:
Stocks traded sharply higher on Monday, bouncing back from strong losses in the previous session as trade tensions between the U.S. and China appeared to ease.
The Financial Times reported China has offered to buy more semiconductors from the U.S. to help cut its trade surplus with the U.S. The Wall Street Journal also reported that U.S. and Chinese officials are working to improve U.S. access to China's markets.
Investors "have apparently recognized that a trade war is in no one's best interests and therefore extremely unlikely," said Jeremy Klein, chief market strategist at FBN Securities, in a note. "Specifically, the President merely wants to fulfill a campaign promise while China will only enact token countermeasures to appease its citizens."
We now return you to your regularly scheduled faux angst.  |
Faux News!
Stocks trading higher is to do with Dotard backing off on the steel and aluminum tariffs on trade with N. Korea. One word for you, Samsung.
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White Christian Nationalism:
Freedom for us, order for everyone else, and violence for those who transgress.
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