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"The 'Trade War' Is Dead…Long Live The 'Trade War.'"
On Friday, "Phase One" of the "Trade Deal" was agreed to, with the Trump Administration originally stating that "Phase Two" would not begin until after the 2020 election.
Then reality set in.
Since 2018, President Trump has come to understand that if the market declines, a "tweet" about a "trade deal coming" would spark a market rally. Without a "trade deal" to negotiate, there is no catalyst to support asset prices heading into the election. This is why on Friday,