Self-sufficiency is the greatest of all wealth. - Epicurus
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"This Is Huge": A Shocked Wall Street Reacts To Today's "Ludicrous" China Threat
And to think just earlier this morning we were mocking the complacent market - and this Reuters headline - for justifying the latest overnight levitation in risk assets. Just like last Friday, when out of the blue stocks tumbled when suddenly it appeared that a trade suddenly was far less likely after China canceled its trip to Montana and Nebraska, just before noon risk took a plunge when Bloomberg reported that the Trump administration was considering delisting Chinese companies from US stock exchanges and limiting Americans’ exposure to the Chinese market through govt pension funds, effectively imposing ... (full story)
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