8.7 C
New York
Thursday, March 28, 2024

Kudlow Tries To Rescue Markets After China Spoiled The Party

Courtesy of ZeroHedge View original post here.

Dow futures were down a horrifying 90 points this morning, erasing all of Powell’s pumpathon after China poured cold water on US-China trade talks. So what does the administration do – to rescue stocks from a terrifying 0.3$ drop?

Unleashes The Kudlow:

  • *KUDLOW SAYS U.S.-CHINA TALKS GOING SMOOTHLY: WHITE HOUSE AIDE

And the result, reflexive buying by algos…

But it seems like the White House’s jawboning is losing its mojo.

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

157,450FansLike
396,312FollowersFollow
2,280SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x