The models are broken
The market is trying to get back to the pre-Covid and pre-war times, but that model is broken. A new dawn is here and the financial world needs to adapt.
Steen Jakobsen,
Chief Investment Officer
FX Trader, Loonieviews.net
Summary: Wall Street bulls are focused on Facebook, but a poor Chicago PMI print as well as further confusion on the Sino-US trade talks loom in the background.