PRE MARKET
The president puts on new tariffs after taking off new tariffs…for the umpteenth time. This morning, the president sends out an administration official to say they can get rid of the tariffs they have not put on yet if China does better. This decision making by markets is going to crater markets. It is obvious that again, the president changed his mind because the market swooned off his news yesterday. Again, eventually markets are going to throw up their hands and give up.
We have no clue as to the next tweet but we do not some decent technical damage has been done. BUT AGAIN, WHAT’S THE NEXT TWEET?
We are beside ourselves.