Some tariffs for soy and pork from the u. S they didnt specify quantities involved they imposed 25 tariff since july 2018 in retaliation eunice yoon was up very early it is 12 hours later there. She was up very late. Whatever it was. She was up she tries to figure out what is happening. This is the beginning of some positive that is my take. And futures are up. After thursday when the Chinese Ministry said, look, we are still on track for kauks it would have to be precondition, okay, here, well drop some of ours first and get to you december 15 right . Right i was thinking about how much risk there is to thinking about 10 or 11 months before an election and what could go wrong. We heard about if there could be a recession. He says 2021 what if there was a big market break next year in the stock market you saw what happened a year ago at the holidays. Christmas shopping draops significantly. Where im going with this trying to follow. I know it is hard trump has we are at new highs right
Julie weve seen the resumption of this correlation between oil prices and stocks and the resumption of concerns about Global Growth with no particular catalyst today. We do have a lot of earnings reports in the u. S. That disappointed investors. The nasdaq has been leading the kleins, down 2 . Declines, down 2 . It has not really made any significant attempt at rallying. Take a look at my bloomberg for the movers within the dow. Stock that isonly up in the Dow Jones Industrial average. Goldman sachs, boeing and chevron are the three largest weights on that index. Regulator this boeing appears to be following this general turmoil we are seeing. Chevron falling with oil prices as exxon mobil and bp are reporting earnings. And the dollar have not held their rallies. Julie they tried, but it did not work. Oilad a couple attempts for to take a leg up and then it has come right back down again. Almost at the lows of the session, down nearly 5 . There does not seem to be a particular catalyst
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