steve4102 Posted December 2, 2018 Share Posted December 2, 2018 U.S. President Donald Trump was able to extract a number of concessions from Chinese President Xi Jinping in exchange for not imposing any new tariffs on Chinese goods. Trump reached a major agreement while meeting with the world’s top leaders over the weekend. At the G-20 summit in Buenos Aires, Argentina, Trump and Xi spoke for two and a half hours Saturday night — an hour longer than previously scheduled. The meeting, which Trump called “amazing and productive,” has temporarily staved off an escalating trade battle between the world’s two biggest economies. Xi agreed to immediately begin buying more agricultural products from American farmers, along with a pledge to purchase more industrial and energy products. While the specifics of the trade agreements have not been announced, the White House says the deal will help correct the trade imbalance between China and the U.S. Xi has also agreed to a number of cybersecurity and property theft concessions https://dailycaller.com/2018/12/02/trump-scores-trade-victory-with-china/?utm_medium=push&utm_source=daily_caller&utm_campaign=push MORE WINNING!!!!! 1 1 Link to comment Share on other sites More sharing options...
janice6 Posted December 2, 2018 Share Posted December 2, 2018 (edited) Which demonstrates that most critics of Trump would lose in a battle of negotiating wits, with him. Every time I see a media putz criticizing Trump's business dealing abilities, a short while later his maneuvering is clear and the deal is his. While the critics simply don't understand what's happening, and afterwards they crawl back under their rock without a peep, on what just occurred. Many of them should heed the warning to keep your mouth shut, if you don't know what's happening, lest you show your incompetence. Edited December 3, 2018 by janice6 5 1 Link to comment Share on other sites More sharing options...
willie-pete Posted December 3, 2018 Share Posted December 3, 2018 I suspect the real measure of success will be how far up/down the markets open tomorrow. Soybeans will be interesting to watch. Link to comment Share on other sites More sharing options...
crockett Posted December 3, 2018 Share Posted December 3, 2018 8 minutes ago, willie-pete said: I suspect the real measure of success will be how far up/down the markets open tomorrow. Soybeans will be interesting to watch. Natural Gas features dropped by over 3%, back to the support area from Thursday and Friday. It was going sideways very predictably. I assume it will reverse to Fridays level on Monday, and continue the consolidation. Meaning a 9 plus percent day for UGAZ. I may get up for pre market trading. This is a hot one. 1 Link to comment Share on other sites More sharing options...
minervadoe Posted December 3, 2018 Share Posted December 3, 2018 Sometimes having a backbone is not a pretty thing. He's not president because he craves power, he already had it. He's president because he has a sense of duty to the country. 3 Link to comment Share on other sites More sharing options...
steve4102 Posted December 3, 2018 Author Share Posted December 3, 2018 9 hours ago, willie-pete said: I suspect the real measure of success will be how far up/down the markets open tomorrow. Soybeans will be interesting to watch. Donald J. Trump @realDonaldTrump · 34m Farmers will be a a very BIG and FAST beneficiary of our deal with China. They intend to start purchasing agricultural product immediately. We make the finest and cleanest product in the World, and that is what China wants. Farmers, I LOVE YOU! Link to comment Share on other sites More sharing options...
willie-pete Posted December 3, 2018 Share Posted December 3, 2018 (edited) 400+ point implied open on the Dow this morning. Should be a good day. Soybean futures up almost 2%. Edited December 3, 2018 by willie-pete Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now