"It is a mistake to give in to the notion that emotions were soothed by 'comforting' words about optimism on the ultimate resolution of the trade disagreement", former trader Richard Breslow wrote on Tuesday morning, in his daily column, adding that it's equally misguided to "indulge in playing junior psychologist about everyone’s motivations as they 'play the game'".
You can't blame financial journalists for being a bit weary. They've spent the last six days engaged in an inherently fruitless effort to craft a consistent market narrative based on conflicting messages and ceaseless trade banter emanating