The Reflex.

May 16, 2019 More trade talk and yes, the market rallies. The message from today is that the markets are clearly listening to Governments about what they have to say about trade and are reacting according to the news.

Round and round.

May 15, 2019 What’s going on between China and the US? It appears both have miscalculated each others position. The recent tit for tat move by the Chinese was aimed directly at the US stock market given the timing of the statement.

Bad medicine is what I got.

May 14, 2019 What Trump gave markets on the week was bad medicine. In response, China launched its own tariff increase just before the U.S. open and that set markets into free fall.


May 13, 2019 Trump has set markets awry with yet another tweet. Markets are now positioned such that any sign of a spill over from the negotiations that causes slowing economic data or market distress will be seized upon.

Waiting for yoouu Mr Trump.

May 10, 2019 Both China and the U.S. appear to be playing a hard game of dare. However, for the stock market and other markets, the participants are hoping for someone to blink so a resolution can be achieved. Meanwhile, the clock is ticking down to tariff time.

The Godot Moment.

May 9, 2019 Markets are waiting for news on trade. We have now for some time. Trump says that a deal will be done soon, and still we wait. Traders are concerned that with the arrival of Liu He on Thursday negotiations will either be fruitful or collapse.

Just another Manic Tuesday.

May 8, 2019 Markets had already factored in a deal being done sometime this year. With Trump’s comments and with China’s top negotiator vacillating on whether to attend the trade talk meetings, maybe the deal is not as close as expected.

Oh, what a day.

May 7, 2019 Trump certainly knows how to shock a market out of its comfort zone and that’s what his Sunday tweets managed to do. It knocked the stuffing out of markets for a while at least.  Asia was down but so too grain markets.

Buckle up.

May 6, 2019 Confusion is a tactic and it is used well. Just when the Chinese and his trade negotiation team were starting to feel that they were looking like getting somewhere, Trump has waded in on the talks and has threatened China with doubling tariffs.