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Tag Archives: trade deal

  • Blog

    At The End Of The Day, It’s All About Confidence

    And sentiment in the markets is now souring. Bigly.
    by Adam Taggart

    Friday, May 10, 2019, 3:00 PM

    24

    We’ve been shining a bright light on the technical compression seen in the major stock indices, indicative that a major breakout move is coming — one we’ve argued is much more likely to happen to the downside.

    Well, with the recent fizzling of the principal storyline supporting the bullish narrative — an imminent trade deal with China  — our predicted downside breakdown finally occurred this week.

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  • Insider

    The Trade Deal Has Collapsed

    The main support propping up the markets suddenly looks very shaky
    by cmartenson

    Wednesday, May 8, 2019, 9:01 AM

    30

    Count me as surprised, but it seems like the China trade deal is collapsing.  Surprised because both sides, China and the US, have much to lose in this battle.

    While there’s certainly some temporary local benefit to various pockets and sectors of the economy, the fact remains that the world economy is still exhibiting signs of slowing down and anything that puts additional weight on the economy right now could be the stone that sinks the barge.

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