More bad news
The U.S. and China have reached a partial trade deal, and a truce in the long-running trade war may be near, according to Bloomberg.
U.S. stocks took a leg up on the report, with the Dow Jones Industrial Average trading higher by 400 points.
Treasury Secretary Steven Mnuchin, moments ago speaking on Turkey, declined to confirm reports of a deal but eluded to an announcement.
"We have had a productive two days of discussions," he said while taking reporter questions.
Comments
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Amazing what progress can be made when the Chinese start investigating the Bidens.
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So a win win thenHustlinOwl said:Amazing what progress can be made when the Chinese start investigating the Bidens.
Why is Joe above investigation?
Don't hurt yourself -
eludedRaceBannon said:https://foxbusiness.com/politics/us-china-reach-partial-trade-deal-reports
Treasury Secretary Steven Mnuchin, moments ago speaking on Turkey, declined to confirm reports of a deal but eluded to an announcement.
Nice editing Fox. -
That was the key takeawayHHusky said:
eludedRaceBannon said:https://foxbusiness.com/politics/us-china-reach-partial-trade-deal-reports
Treasury Secretary Steven Mnuchin, moments ago speaking on Turkey, declined to confirm reports of a deal but eluded to an announcement.
Nice editing Fox. -
No, the key takeaway is that the market still overreacts to vague claims of progress or lack thereof in this good and easily won trade war.RaceBannon said:
That was the key takeawayHHusky said:
eludedRaceBannon said:https://foxbusiness.com/politics/us-china-reach-partial-trade-deal-reports
Treasury Secretary Steven Mnuchin, moments ago speaking on Turkey, declined to confirm reports of a deal but eluded to an announcement.
Nice editing Fox.
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I thought the official position was 'I never said it was going to be easy'?HHusky said:
No, the key takeaway is that the market still overreacts to vague claims of progress or lack thereof in this good and easily won trade war.RaceBannon said:
That was the key takeawayHHusky said:
eludedRaceBannon said:https://foxbusiness.com/politics/us-china-reach-partial-trade-deal-reports
Treasury Secretary Steven Mnuchin, moments ago speaking on Turkey, declined to confirm reports of a deal but eluded to an announcement.
Nice editing Fox. -
Hopefully it will fail and the market will crash
Keep hope alive -
Doesn’t matter to me. I’ll act accordingly.RaceBannon said:Hopefully it will fail and the market will crash
Keep hope alive -
Too bad
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Sounds legit. “Pulled back slightly”? The djia lost 40% off the day’s gains as the “details” emerged.RaceBannon said:
Too bad
