Courtesy of ZeroHedge. View original post here.
Having ramped back into the green for the 3rd time today, Nasdaq futures are sliding once again after Fox News reports
“Chinese Trade Sources tell us that China expects 10% tariffs on an additional $300 billion will be added Sept 1st. Those sources also say China expects that 10% to go to 25% because China will stand firm and not buy US Agriculture.”
Chinese Trade Sources tell us that China expects 10% tariffs on an additional $300 billion will be added Sept 1st. Those sources also say China expects that 10% to go to 25% because China will stand firm and not buy US Agriculture. #China #Trade
— Edward Lawrence (@EdwardLawrence) August 7, 2019
Stocks dipped on the report…
As did Treasury yields…
Can this spoil the PPT’s efforts?