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A report earlier today indicated that Treasury Secretary Scott Bessent will speak by phone today with Chinese Vice Premier He Lifeng to discuss the ongoing trade negotiations. It’s not clear what time that was scheduled for as it would have had to been early this morning Washington time or late this evening, in order for the time zones to align.The high-level talks are a good sign that there is at least a will to make progress and de-escalate. Trump today said “I think we’re going to do fine with China.”I’d assume the market is anticipating some positive developments on the weekend but we never priced in any real trouble either, given that Trump TACO’d on the weekend.
This article was written by Adam Button at investinglive.com.
💡 DMK Insight
The phone call between Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng underscores the delicate dance of diplomacy that continues to shape global markets. As trade negotiations linger, investors are left on the edge of their seats, wondering if this conversation will yield any concrete outcomes or simply more rhetoric. The stakes are high; a breakthrough could signal a thaw in relations, while a stalemate might send markets reeling. In a world where every word can sway the financial tide, this call is more than just a chat—it's a potential turning point.
📮 Takeaway
Keep an eye on trade talks; they could shift market sentiment dramatically.
