Markets overvalued
It’s interesting to see how many people are getting excited by this weekend US-China truce.
At TINO IQ, our viewpoint is to short the market at these lofty levels.
Mr Trump, China is making USA fool by negotiating further. All the orders for Christmas and Thanksgiving are placed in July/August. So, even if you place tariff after 2 months, it would be too late as this opportunity would be coming next year same time
We understand that Huawei concession might have given to give time so that China does not put similar restrictions on US companies – However, strike the iron when it’s hot.
