Macro Strategy Insights

My President Went to Beijing and All I Got Was this Crummy T-Shirt

Stocks rallied after Jensen hopped on AF1 in Alaska. They rallied several times yesterday on Iran/China headlines, on Boeing selling planes headlines, and other soundbites from the much-heralded Xi and Trump Summit. As discussed in Wednesday’s report China and Trade, we did not have high expectations regarding this meeting. We did feel that because the President wanted a deal badly enough, we would get something to help markets, even though it seemed like China had a marginally better hand than the U.S. What we were not expecting was a perfunctory set of meetings and press conferences. The President is many ... My President Went to Beijing and All I Got Was this Crummy T-Shirt

To access this report, please login.
If you don’t have an account, please reach out to your relationship manager or contact us at content@academysecurities.com