Wednesday, November 28, 2018

US China G20-Summit


US China G20-Summit Market is up at opening based on "positive" talk about US-China meeting progress. I think it's BS!

The best case senior is that China present to be losing and Trump find excuses to pretend to be winning. In reality both side pretended to meet and provide some stalling strategies. Then the real fire will be fired again back at home when they are not facing each other.

I believe, in short term, the market has already priced in a negative meeting result. Unless the meeting is seriously turning negative, the market is about time to rebound for short term.