Whatever outcome of trade war, unlikely there will be much impact. China's now steadying the world's economy as she did in 1998 and 2008 against all the troubles made by the US.
In fact China had foreseen what the US would do to desperately stop China. That's why the BRI.
China deliberately throw a spanner into the works to send a message: Trump is on the ropes as the US economy is about to sink. And with the presidential election campaigning for 2020 already started, Trump needs China more than China needs Trump.
So Trump will have to make concessions and wrap them up as a win.
@Yu_and_Mee. If by the chart, the pull back was in an uptrend with the uptrend still intact. The pull-back was due to reaction to Trump's tweet on Sunday to raise tariffs.
As you noted, the forum here are full of people with various motives. So learn to red the charts.
@Palermo81. 3 reasons for trolls: 1) They are sadistic crazies trying make people feel bad especially when price weakens on a high; 2) They want to panic investors to sell down so they can buy cheap; 3) They have been employed by some syndicate to disrupt useful discussions on a stock.
In general, all those who offer subjective opinions without solid facts or overhype the positives whilst holding themselves out as sifus are con men.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Ben22950
22 posts
Posted by Ben22950 > 2019-05-07 14:29 | Report Abuse
Yeah a good rebound from yesterday's lows.