Great news, everybody!

Trump administration officials have discussed offering a limited trade agreement to China that would delay and even roll back some U.S. tariffs for the first time in exchange for Chinese commitments on intellectual property and agricultural purchases, according to five people familiar with the matter, Bloomberg News reports.

And since the current president could never have been outfoxed by a new-age Czar ruling over the world's largest consumer economy who thinks in terms of centuries and is openly leveraging Trump's psychosexual need to stay blissfully unaware of the bond market while appeasing high-frequency traders addicted to cheap money using algorithms to read headlines, there's no way this deal ends up being a long-term win for the Chinese and a short term pump for a US economy that might be healthy but has a very troubling cough. 

Right, Wall Street?

Screen Shot 2019-09-12 at 11.02.47 AM

Wait, what happened there?

A senior White House official said the U.S. is “absolutely not” considering an interim trade deal with China.

Bloomberg News reported earlier Thursday the Trump administration has discussed putting together a limited trade deal that would delay and remove some China tariffs, citing five people familiar with the matter. The news had driven stocks to session highs.

You like that? Did that feel good? That shock of excitement followed by dread, followed by relief and then more dread but your heart is pounding from all that adrenaline?

You people are fucking sick and it's going to end in tears.

Trump Advisers Consider Interim China Trade Deal to Delay Tariffs [Bloomberg]

Related

trump-the-tank-engine

Trump Asks Jamie, BriMo And Corbat "WTF Is Happening To My Market, You Guys?"

So even the White House doesn't know who's running Wells Fargo.

WilburRossChina

China Tells White House "Nice Stock Market You Got There, Would Be A Shame If You Got Mouthy And Something Were To Happen To It"

The Xi Gang is unsubtly telling Team Trump to play along with Beijing if it wants to keep the markets sanguine on a trade deal.

UncleSam

Peter Navarro Wants To Make It Clear That All Ideas Obviously Coming From Him Should Be Treated As Fake News

Did you really believe the White House was barring all US investment in Chinese markets? What are you, Peter Navarro?

Screen Shot 2019-08-13 at 10.51.53 AM

If You're Trying To Pretend To Be Excited About China Trade Deal Rumors Again, Maybe Don't Look At The Yield Curve

Is it harder to keep swallowing the algo headline bullshit with an inverted yield curve?

Larry Kudlow Returns

Area Stock Market Still Being Gaslit By Controlling Older Boyfriend

Why would Larry Kudlow lie to Mr. Market? He LOVES Mr. Market!

KudlowRainbow

Human Counter-Indicator Larry Kudlow Says Trade Talks With China Are Going Great

So...just burn your money for warmth in order to survive the coming war with China.