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After several tweets made by president Trump criticizing China, and indirectly Xi, today at the first day of the G20 meeting, the Chinese president reinforced one idea that was already mentioned by him in the last weeks. The U.S is a bully due to its trade war tactics, which in fact means Trump is a bully, since he is the ‘mastermind’ of the rhetoric and tariffs.
Photo by Samantha Sophia.
So far markets are a bit positive, but really investors are just on the sidelines, personally I do not believe in a definitive settlement of this issue in the G20, neither I believe it’s possible to anticipate what could happen Monday, apart from a probable spike in volatility, which should inspire some caution today, regarding staying too leveraged during the weekend.
