If stocks rally on a US-China trade deal, 'take profits very quickly,' Stephen Roach says

One of the world's leading authorities on Asia expects a U.S.-China trade deal but suggests any market rally off the news will be fleeting.

"When the dust settles, there'll be some realization that this is not a fundamental breakthrough — that the conflict will be enduring," he said Wednesday on CNBC's"Trading Nation.""Take profits very quickly, which would be my sense." China would likely agree to multiyear purchases for agriculture, soybeans and energy and other categories, according to Roach. However, he contends that won't be enough to keep, or even get, U.S. investors excited.

His interview with Kayla Tausche was very telling: Roach said the piece meal approach to the China trade deal is a fluke; he said the bilateral investment treaty would have more punch allowing a evenhanded playing field!

🤣🤣🤣🤣

Bad advice .

The need 2 bankrupt the system...? (Bigger investors first taking the debt collection on a .... (22 trillion expense 2 b paid b 4 the 'take profits...? ))

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China pledges to expand financial market opening as U.S trade delegation arrivesChina will sharply expand market access for foreign banks and securities and ins... What are they pledging for when the USA (who owes China a shitload of money - along with Japan btw), when the USA goes tits up in an estimated 5 years time, you know, as the USA debt is spiralling upwards every second and shows no sign of easing. They have been pledging for 20 years... at what point do you say put up, or shut up? Why is this news the carrot on a stick reporting? Just don’t ask about Uighur concentration camps
Source: Reuters - 🏆 2. / 97 Read more »

European stocks seen slightly higher on report of US-China trade breakthroughEuropean shares are set to open higher after a report said the U.S. and China are making swift progress in trade talks. Good So many breakthroughs... everyday This is a hell of a manipulation scam, this deal/no deal crap...
Source: CNBC - 🏆 12. / 72 Read more »