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Friday, May 17, 2019

No China Trade Deal Until 2020 Election - Here’s Why


One Option Trading Blog http://bit.ly/2Q9ydNt Posted 9:30 AM ET - The market fell hard Monday and it spent the rest of the week trying to recover. Yesterday we filled the gap from Monday, but buyers threw in the towel late in the day. Harsh overnight rhetoric from communist controlled Chinese media has unnerved investors. The S&P 500 is down 20 points before the open. A team of US trade officials will go to China next week to continue negotiations. "The Street" has priced in a deal and any surprise favors the downside. A trade deal will not be signed before the 2020 elections. China has been …

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