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 closed yesterday with solid gains. Those gains are at risk this morning as President Trump talks a tough line on trade, with both China and Europe in the crosshairs.