It was a Macro Monday, But No Black Swan

Yesterday, the equity markets took the bulls out to the woodshed. Investors seem to be concerned about the Presidents recent moves in the very public negotiations for international trade. The latest salvo was delivered by an anonymous White House source stating that countries that try to steal technology of US companies would be subject to investment restrictions in US technology companies. Treasury Secretary Steve Mnuchin targets all countries and did not necessarily single out China.

This article is for paid members - please login or subscribe for access.

Share: