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This may add bullish fuel to the fire.?

Markets can cheer: China appears to finally be addressing its US trade surplus
https://www.cnbc.com/2019/06/10/china-appears-to-be-cutting-its-us-trade-surplus---commentary.html

  • Beijing is turning the trade leaf: Its merchandise trade surplus with the U.S. is down at an annual rate of 10% in the first four months of this year. On current trends, that surplus could fall 24% in 2019.
  • A friendly Trump-Xi meeting is likely during the G-20 summit in Osaka, Japan later this month.
  • The Fed is maintaining its extraordinarily easy credit stance with an astounding $1.4 trillion of loanable funds in the banking sector.
 
tsptalk said:
Will Xi attend? Any guesses?
Click to expand...

Too soon to reliably tell, imo. I even wonder if he knows at this point ... especially considering Trump's threat trying to force him to go. Fluid situation, that can change with the drop of a tweet.

As it stands, I'd have to forecast "no."

But I believe Trump's people will negotiate with China (behind the scenes, of course) on some specific language for Trump to say/tweet that will essentially replace the threat, and make it possible for Xi to attend without looking subservient.

What about you?
 
weatherweenie said:
Appears that Trump's latest threat has had no effect, which is surprising.
Click to expand...

Right, and hopefully, you stay correct.

I suspect that as the meeting draws near, the status of their relationship will have an increasing effect on the markets ... for better or worse.
 
No nation will allow another nation to destroy its economy ... without a fight. I suspect Iran could be in the financial headlines next month if things don't change.
 
Powell on Trump: ‘The law is clear that I have a four-year term, and I fully intend to serve it’
https://www.cnbc.com/2019/06/19/pow...--year-term-and-fully-intend-to-serve-it.html

  • Fed Chair Powell says that despite reports that President Trump was looking to demote or fire him, he doesn’t plan on leaving
  • “I think the law is clear that I have a four-year term, and I fully intend to serve it,” Powell said at a news conference.
  • Powell’s comments came less than a day after reports that the White House had explored the possibility of “legally demoting” the Fed chief.
 
userque said:
...
... It should also be noted that I entered the F fund at the start of the year; switched to the S fund today: tried to complete full registration ...

Frank
Click to expand...

Hi Frank / userque,

Just out of "Curiosity" where was your TSP account parked in ... say in August 2018 or September 2018?

Thanks,

Z! :smile:
 
I did...30 F, 40 C, 30 S.
Hoping I have no regrets by this time next month. But I gotta say my stomach is in knots.
 
Trade wars are good! Right?

Didn't this happen in 2017? It took me all of 2018 to crawl back out of that hole.
 
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