The Trump administration is doing anything it possibly can to feed the goose, and it looks like it keeps on eating the positive progress news regarding the Phase 1 deal with China.
Never have I seen the managed money – the hedge funds, considered to be the smart money, those that have access to all the data, those that have the resources to research and turn every stone – so FEARFUL of a recession, without there even being one at all.
What has happened this past Friday is highly irregular and I can say that we are, without a shadow of a doubt, entering a New World Order, which introduces the sort of volatility that isn’t reflected in asset prices just yet.
There are many regions in the world that are small geographically, but exhibit enormous influence on global trade, geopolitics, and the way humans live on this planet.
The Federal Reserve has cut rates for the first time in eleven years. So much is different about the world today compared to back then.