While the cynic would say that the below is simply an attempt to engineer a pre-midterm election market bounce (Dow was up 20 before the headline, up 203 as I type), it absolutely does speak to how the equity market is influencing the discussion.
Ultimately, as we stated from the get-go, the market — which, along with the economy, can’t hold up in a protracted trade war scenario — will provide the ultimate incentive to settle the matter.
“Trump says he and China’s Xi exchanged ‘long and very good’ trade conversation”