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Stocks Soar on China Trade Happy Talk

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First published at 18:15 UTC on August 20th, 2019.

sultanofsmug

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In the seemingly endless cycle between stocks rallying on either Fed rate cut optimism or trade talk optimism, we are witnessing a new rise in trade talk optimism just as Fed rate cut optimism wanes thanks to the rebound in the stock market in the latter half of August. How long will markets continue to be fooled into short term rallies by this simple bait and switch?

P.S. This is actually yesterday's video, but I had to reupload it because it never finished processing.

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