The dow is skyrocketing like a Chinese firework shooting directly at the moon. Why?
Well China has bowed to Trump.
Chinese dictator Xi said this tonight:
We must refrain from seeking dominance and reject the zero-sum game, we must refrain from ‘beggar thy neighbor’ and reject power politics or hegemony while the strong bully the weak,”
The Hill Reports:
The Associated Press reported Monday that Xi said at a business conference that he would move to “significantly lower” China’s auto import tariffs and lessen restrictions on foreign ownership in its auto industry.
Dow Futures skyrocketed overnight, at the time of this writing, to over +250.