Thoughts on tonight's G20 meeting?
- Thread starter RGLD
- Start date
It's actually the other way (ish). ~40% could not cover a $400 expense without selling something or being unable to cover it at all. Doesn't weaken the point at all, but that isn't a rosy economy. That is potential civil unrest looming. Make sure you take their guns away.
This is first info coming out of the meeting. The U.S. will release a statement in a few hours.
https://www.cnn.com/politics/live-news/g20-june-2019-intl-hnk/index.html
Trump: US-China trade talks are "back on track"
Speaking ahead of his meeting with Turkish President Recep Erdogan, US President Donald Trump said trade talks with China are back on track after his meeting with China's Xi Jinping.
“We’re right back on track. We’ll see what happens,” Trump said after the talks wrapped. He described the meeting as “excellent” and “probably even better than expected.”
“We had a very good meeting with President Xi,” he said.
He did not describe the outcome of the talks, saying more details would be released by both sides. He said a US statement would be released around 3:30 p.m. local time (2:30 a.m. ET).
“The negotiations are continuing,” Trump said.
https://www.cnn.com/politics/live-news/g20-june-2019-intl-hnk/index.html
Trump: US-China trade talks are "back on track"
Speaking ahead of his meeting with Turkish President Recep Erdogan, US President Donald Trump said trade talks with China are back on track after his meeting with China's Xi Jinping.
“We’re right back on track. We’ll see what happens,” Trump said after the talks wrapped. He described the meeting as “excellent” and “probably even better than expected.”
“We had a very good meeting with President Xi,” he said.
He did not describe the outcome of the talks, saying more details would be released by both sides. He said a US statement would be released around 3:30 p.m. local time (2:30 a.m. ET).
“The negotiations are continuing,” Trump said.
that's an older article, the other data comes from a 2019 study.
Just as planned
Markets should be up over 1-2% Monday morning
Futures will be skyrocketing Sunday night after the fact that there will be NO $300 billion worth of tariffs placed on China in the short term.
Now can we move on from these games....next excuse for market volatility is???
https://markets.businessinsider.com...s-china-trade-war-ceasefire-2019-6-1028318823
Markets should be up over 1-2% Monday morning
Futures will be skyrocketing Sunday night after the fact that there will be NO $300 billion worth of tariffs placed on China in the short term.
Now can we move on from these games....next excuse for market volatility is???
- President Donald Trump and Chinese President Xi Jinping reached a trade ceasefire at a highly anticipated meeting late Friday on the sidelines of the G20 summit in Japan.
- The truce allowed the US and China to avert $300 billion worth of additional tariffs, which Trump had vowed to levy if no progress was made at the meeting.
- Trump and Xi have faced increasing pressure to defuse their yearlong trade war, which has weighed heavily on both countries at a time when the global economy was already expected to slow.
https://markets.businessinsider.com...s-china-trade-war-ceasefire-2019-6-1028318823
It's all about the markets, yes however I would be shocked if he won, never in my life have I heard so much negativity about a president meaning I have no idea where the next round of votes for a second term would come from. And one thing for sure is if the Democrats win presidency this market is in for a very heavy collapse.
44:15-44:50
Is he referring to Democrats pulling back the policies he put in place that has skyrocketed 401ks for blue collar workers?? That if Democrats win and reverse his policies that markets will collapse??
He didn't go into too much detail, saying he wants to wait before elections get closer...