BESSENT'S WEEKEND DATE: NATO (NOT ADVANCED - TALK ONLY)
This publication understands more about what’s going on in trade relative to both the US and China combined.
This why today Bessent had to clarify China’s no action - talk only weekend date.
Yet, the market spiked higher for what?
Talking?
China’s NATO (No Action - Talk Only)
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Bessent's comments are indeed generating significant market reactions. The perception that he "reads" China in a particular way will likely prove that China's approach this weekend amounts to NATO ("No Action, Talk Only").
It should be clear. Everyone is just wasting time away.
Because they think they are doing ‘art of the deal’.
There…