08-02-2019, 11:18 PM
(08-02-2019, 12:04 PM)Otter Wrote: Shades of 2013's taper tantrum. This is just the market having a sad that the Fed hasn't announced more and bigger rate cuts.
Could be a different story if the tweeted tariffs actually go into effect, but we shall see on that point.
We'll all watch with interest. I'm pretty convinced they are going to take their chances for now. They promised to buy soybeans at G-20 barely a month ago. Didn't happen because they don't have to. They aren't the least bit afraid of anything we can do to them in the short term. .