U.S.-China trade pendulum swings toward Beijing; commodities key

Donald Trump said that he thinks it’s better to wait with a trade deal until after the election. Does that sound desperate to anyone? If yes then we will need a workshop in basic human psychology. Chinas figures are notoriously unreliable. A banker once told me that they are all fake and you will basically have to do educated guesses on China as the official figures are so bad. I will give you another morsel of information that might help to find the truth here. Capital flight from China by the ruling elites is at an all-time high. The families of the rulers leave the ship. Does that sound like they are full of confidence?

Linkedin Thread