(Below). Munchin HIGHLIGHT moment that reversed the stock market sell-off.
Is this market really pinning its hopes on a China deal? If no deal is had by Monday/Tuesday, I cannot see how any amount of "Tremendous, Fantastic, Constructive," ETC can stop a sell off.
We already are in the Presidents "Alternative Deal," Can't make this up...
Actually no. The market knows that the American people will be forced to bail out industries directly, and also bail out the markets with a rate cut and more QE (what the President is crying for)- hence why the market may just shrug this all off.