Let us start with the posting from Truth Social:
First off, one more time for the mentally challenged, THERE IS NO TRADE DEAL, just a suspension in some of the tariffs.
Secondly, it’s obvious that he’s totally clueless about rare earth minerals without his staff warning him that we are heading into critical territory regarding our national supply. That much is so apparent, it truly is sad.
Thirdly, one can only determine that whatever or whenever said meeting occurs, with Lutnick involved it’s going to be a disaster.
Finally, he couldn’t resist talking about TRADE in all caps. This means it was our side starting to sound desperate, not the Chinese and the readout from the MFA or Xi’s office itself should be equally fascinating and these pages will add that later on tonight.
Needless to say this entire exercise looks once again like another attempt to pump the markets up, but time will tell.
The Japanese markets should also provide a hint as to what course of action is coming next as they do not seem eager to surrender their economic nationalism to Trump’s whims either:
Stay tuned as the next 36 hours are going to get wild.
