Global stocks sink but oil on the rise as US prepares Iran sanctions

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Donald Trump to meet China president at G20, raising hopes of trade war breakthrough

Financial markets around the world are braced for a renewed period of turbulence this week as the US readies fresh sanctions against Iran and amid rising hopes for a breakthrough in the US-China trade war.

 

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pfft, all China has to do is hang tough until closer to the election and trump will fold like a cheap suit.

Just checked the futures and the markets are at an all time high. Oil is 50% lower than it all time high.😉

Oil on the rise. Who does this serve? Russia and Saudi Arabia, Donald Trump’s good friends, to name a few.

*Trump Wins Tariff Oscar* The Gold Milk? award goes to President Trump for his unprecedented performance as a celebrity manipulating global tariffs. The award was named in honor of one of the hardest hit groups from the ill-considered tariff wars, the U.S. dairy farmers.

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