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[dTraderB]

GOLD RUSH

 

 @Schuldensuehner

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#Gold extends gains as investors rush into Gold ETFs: Funds backed by gold increased their assets by 32 tons, the biggest increase since 2016, according to data tracked by Bloomberg.

4:36 AM - 24 Jun 

[redfoliage2]

The market is still on the hope/hype that a trade deal will be reached between Trump and Xi at G20.  The realistic outlook is that they can only get both sides back on the negotiation table, but no deal can be reached for a long time.   I see no no deal this year.  Meanwhile, the trade war already had impacts on the economy and it's likely we will see the impacts on the corporate earnings to be out soon............

Edited by redfoliage2, 24 June 2019 - 09:10 AM.

[trioderob]

but Trump could put the tariffs on hold and "kick the can down the road"  which will make the markets rocket up 

[dTraderB]

The market is still on the hope/hype that a trade deal will be reached between Trump and Xi at G20.  The realistic outlook is that they can only get both sides back on the negotiation table, but no deal can be reached for a long time.   I see no no deal this year.  Meanwhile, the trade war already had impacts on the economy and it's likely we will see the impacts on the corporate earnings to be out soon............

 

Yeah, that's about it
I think both sides will agree to talk again and finesse what looks like a deal later this year; it will be inconsequential but the market will be relieved and rally  3 to 4 % and then drop sharply

[dTraderB]

but Trump could put the tariffs on hold and "kick the can down the road"  which will make the markets rocket up 

 

That's it -- hit the nail on the head. 
 

Talk again, manufacture a "deal" and kick that worry down the road to ...who knows when, or never, until after 2020

 

Markets will enjoy it, rally, but then get back to basic earnings and the economy

[dTraderB]

Summer snoozefest

 

But a dull market can be very dangerous for those who are complacent

 

They will wring out every molecule of volatility and then the real action begins

 

when this happens? no one knows

[fib_1618]

but Trump could put the tariffs on hold and "kick the can down the road"  which will make the markets rocket up 

 

This will never be done...we're dealing with a business man not a politician who wouldn't have the gonads to do this in the first place.

 

Again...the United States doesn't need anyone to survive economically...not so with anyone else on the planet unless its doctrine.

 

Fib

Edited by fib_1618, 24 June 2019 - 11:45 AM.

[trioderob]

yea - we are also dealing with a guy who is running for relection - the last thing is the world he needs is for the market to tank right at this moment 

[redfoliage2]

yea - we are also dealing with a guy who is running for relection - the last thing is the world he needs is for the market to tank right at this moment 

No doubt this will be a fat black swan in 2020................

[fib_1618]

yea - we are also dealing with a guy who is running for relection - the last thing is the world he needs is for the market to tank right at this moment 

 

Which is closer than the truth than many would realize...if China is foolishly using the Presidential polling data as a proxy, they would be more than happy to wait it out until after the election where all of this would be cancelled.

 

Problem is, between now and then, China could wind up losing more than they ever imagined to other countries in that region...permanently.

 

So pick a door: the lady or the tiger.

 

Fib