Thursday, September 26, 2019

Looks Like Trump is About to Declare "Victory" in His Trade War With China


In New York City at the United States Mission to the United Nations, President Trump on Wednesday told reporters that China wants to make a trade deal.

He said a deal with China could happen “sooner than you think.”

The stock market moved higher on the news.

I have been advising in the EPJ Daily Alert that Trump was likely to declare "victory" in the trade war before the election. With the Democrats in the House now launching an impeachment investigation, the trade war "victory" is, indeed, likely to come sooner rather than later.

The end to the trade war is not the primary reason I am currently bullish on the US stock market but it is a contributing factor. More at the EPJ Daily Alert.




-RW

2 comments:

  1. Do you have a good book recommendation specifically against modern-day China form of government/economics? I need a book about communism (not socialism) and preferably specifically about why the Chinese Communist Party (CCP) is not good. Ideally something I can give to someone fresh out of China to open their eyes and unlock all of the brainwashing. I have so many CCP Chinese people emailing me all this propaganda of why they are so great and some of it seems hard to refute but I think it just sounds good on a surface level and it is one of those things where we need to be deep thinking.

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