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Strategies & Market Trends : Humble1 and Swing Trading Friends -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (27378)11/10/2017 3:15:02 AM
From: humble1  Respond to of 41029
 
very interesting, jp. thank you sir for posting that here. yes, i am sure it will make jamie dimond and the financial industry euphoric. here on the ground level djt's visit is a huge disappointment even to someone like me who never believed his flimflam:

1. his flippant dismissal of the huge trade deficit after extreme china bashing to get elected was gagging and we heard ZERO about fixing it.

2. too many pictures making it just look like a very expensive trip on US out for a chinese dinner at the forbidden city

3. what about the iron and aluminum dumping?

4. what about criticism of the past currency manipulation?

5. and what about intellectual property theft and restrictions ???????????????? this is HUGE!

6. and this. (china is a COMMUNIST country very different from a great country like Australia, one of my personal favorites):

"While the country has already made big strides in opening its equity and bond markets to foreign investors, international banks and securities firms have long been frustrated by ownership caps that made them marginal players in one of the fastest-expanding financial systems on Earth. Those who enter China will face plenty of risks, including competition from state-owned players and the threat of rising defaults, but optimists say the opening will create opportunities for foreign firms and make the domestic financial system more efficient."



To: John Pitera who wrote (27378)11/10/2017 3:40:55 AM
From: humble1  Respond to of 41029
 
JP, my friend, also consider this and please forgive the caps. a flimflam man is the easiest man to flimflam and Xi just took Trump's/our wallet and shirt and shoes!

Trump got ZERO on NOKO. Tillerson was asked and he said that they both agree on goals but Xi disagrees on how to get there. More talk while NOKO builds missiles and nukes. China could shut them down tomorrow.

China gave up zero. The maybe opening of financial institutions is to try to reverse the capital outflow and stick the west with most of the bad Chinese debt and there is LOTS OF CHINESE BAD DEBT. Otherwise, controls were on the way. This 51% announcement is a GUFFAW.

The whole thing is farce! They knew how to con Trump: lots of red carpet, military salutes, grins and back pats. PITIFUL!