How does the futures market believe trumps bull?

[kpete]

Based on what I know, Chinese and US top negotiators didn't hold phone talks in recent days. The two sides have been keeping contact at technical level, it doesn't have significance that President Trump suggested. China didn't change its position. China won't cave to US pressure.

Link to tweet

[Wellstone ruled]

1. From what we are seeing in the Press,

US Sales of Cereal Grains to China are all done. Yes,there is a pending Order for Soy still in the mix,but that goes back to a year ago ,and that is all about Logistics . Thing to watch,US Crude to market. Our Crude production and Exports are being accelerated. China plays into this in a major way. Something is about to pop,and it sure looks like we are on the short end of that stick.

[Johonny]

2. They're pumping the market this morning based on his fake news.

Not sure the effect will last more than the early market. At least he didn't say anything more negative to drive another fear sell off. Still, there's little good economic news coming from G-7. A summit where Trump showed once again, he's out of place among world leaders. He simply has nothing to offer and our old allies don't care at all for his agenda.