The problem is that it's not just Apple its not just China . The crazy trade war is not the driver either.
Market bulls are having their rally ATM. Bulls are probably betting on a re-continuance of QE and are over focussed on the US where debt funded Government expenditure and tax cuts may continue to keep things looking rosy for several months.
I'm not in China and Arthur Kroeber in in China. Chinese consumer confidence is critical for keeping the dragon roaring and it isn't there. Growth cannot happen with the demise of shadow banking arrangements either.
