We can only hope that a minor disintegration in US indices last night was mainly due to the closure on Wednesday, and not that fear has increased dramatically that the Tariff war between the US and China will have the worst outcome, such as 25% Tariff on all imports into the US, and maybe even higher such as 40% going into China from the US. Saving face for the Chinese is everything to them; it is a huge part of their culture.
Uncertainty for equities worldwide has just ramped up significantly. Brave or foolhardy people would putting more money long equities right now IMO.
Just hear a rumour that Santa's sleigh might be stuck in the workshop for long term repairs now. And Rudolph has called a strike asking for more pay.
Short Term Trading Week Starting: 3 December 2018, page-46
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