Successful US-China Trade Talks, Stock Market News, and Geopolitics
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• US stock index futures rise 1-2%. In China, stocks rise 0.5-1%. Gold falls 2%. Crypto is calm.The US dollar is up 0.3%. Commodities are calm.
Take your pick from “significant progress,” “constructive,” “an important first step,” “an important agreement reached,” “good news for the world,” and, by far the best: “As we say in China, if the food is good, time is of no importance.” These were all words uttered by negotiators during the U.S.-China trade talks in Geneva over the weekend, and they do seem like progress compared to the jingoistic war of words that...