No matter which side of the aisle you find yourself, there’s no denying the adrenaline injected into the market on news of a reset in the U.S-China trade showdown. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
The Trump Deal That’ll Be Bigger Than China
The Trump Deal That’ll Be Bigger Than China Chalk up another win for the president. No matter which side of the aisle you find yourself, there’s no denying the adrenaline injected into the market on news of a reset in the U.S-China trade showdown. It’s a clear win-win for the next 90 days with both the U.S. and China radically slashing their reciprocal tariffs against the other; this is the kind of jolt we’ve been waiting for over a month to see. For our part, timing the bottom in oil was all-too-easy when WTI prices plummeted below $60 per barrel. Fear in the markets had hit a peak as Wall Street started to fear that despite healthy oil demand in the United States, a slowdown in China from a trade war would be devastating to global demand growth. Even the news that OPEC+ was accelerating its output in June wasn’t enough to subdue prices. Now that China and Trump are playing nice and negotiating a trade deal over the next three months, the fear over Chinese oil demand quickly turned to greed — as it should! But what if I told you that the Chinese trade deal wasn’t the most important deal on our radar? While everyone’s gaze is fixated on China, there’s an even more bullish catalyst for the U.S. energy sector — one that allows us to capitalize on 1.4 billion customers. I’m talking about a country that not only has more people than China, but is also quickly developing a thirst for more American energy... >>> Read the full article here. Share on Twitter You signed up for our newsletter with the email indra21poetra@gmail.com. You can manage your subscription and get our privacy policy here. This email is from Angel Publishing, 3 East Read Street, Baltimore, MD 21202 © Wealth Daily. | | | |
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