Brace for Armageddon with the Big Trouble Index (BTI)

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  • John Jay Aug 15, 2019 @ 8:21

    LOL!
    It certainly looks like Xi and friends are shuckin’ n’ jivin’ and making some serious yuan doing it!

    “Barely 90 minutes after markets tanked after China vowed it retaliate imminently to Trump’s imposition of new tariffs, futures exploded higher on what was interpreted as a conciliatory headline from China that apparently reversed all the negative sentiment.

    CHINA HOPES U.S. CAN MEET HALF WAY WITH IT ON TRADE ISSUE: HUA” (zerohedge)
    ——————————————–
    I mean, come on!!!!!!!!!!!!!!
    Not to mention the US Treasury paper the intrepid Han warriors hold is going “To the moon, Alice!”

    It would not shock me in the least to hear of some collusion between Chicago and Beijing to get the timing just right!

    “Suddenly, I realized I made a terrible mistake.
    I joined the wrong mob!”

    More true than ever before!

    LOL!

  • Ben Aug 15, 2019 @ 7:04

    I think President Trump is _delaying_ the tariffs (the media says, “backing off” because they’re the TDS media), pending the development of the situation in Hong Kong.

    It wouldn’t be wise to simply enact the tariffs when we might need sanctions, after all. Too, what if the CCP goes full metal Tiananmen with HK, figuring it has nothing left to lose in the negotiations (for lack of a better word)?

    Best to wait and see.