Racket wrote:
Word on the street is that Trump is going to announce a done trade deal with China at the State of the Union tonight.
Shortest bear market ever I guess
Well I am on the other side of that argument. Soon after any China trade deal is announced (whenever that is) will mark the short term peak with a real-test of the December lows. Nothing fundamental has changed for the positive, just algos pushing the market, keeping retail in. All the while the Fed is painted in a corner, earnings have peaked and the realization of unsustainable debt loads all beginning to weigh.