Trump Blinks…Again

It was the market, again. This time, as the last, Trump made a seemingly offhand comment which was designed to put out the fire that he started. It was done in the low volume after-hours, when the impact would be greatest. And, it forced a great many offside traders to cover their shorts.

Like last time, it leaves markets teetering between a recovery on the one hand and a bear market bounce on the other. The deciding factor is likely to be whether Trump can ignore his nature and stick to the script.

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