Stocks Suddenly Plunge On China “Unreliable Entities” Headline

Stocks Suddenly Plunge On China "Unreliable Entities" Headline Read MORE

Stocks Suddenly Plunge On China “Unreliable Entities” Headline

With the world and their pet rabbit buying stocks because they are sure a US-China trade deal is imminent, a headline from Reuters has exposed just how fragile this farce really is:

  • CHINA HAS LARGELY FINALISED ‘UNRELIABLE ENTITIES LIST’ – SOURCES

  • CHINA’S PUBLICATION OF LIST DEPENDS ON HOW SINO-U.S. TRADE TALKS PROGRESS – SOURCES

Clearly designed as a last minute pressure tactic on today’s mini-deal and raising uncertainty.

Sparking a sudden plunge in stocks…

Stocks Suddenly Plunge On China "Unreliable Entities" Headline

Notably, this reversal struck after S&P tagged its pre-Trump tantrum losses…

Stocks Suddenly Plunge On China "Unreliable Entities" Headline

Somebody tweet something, stat!


Tyler Durden

Fri, 10/11/2019 – 12:37

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Author: HEDGE

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