Wall Street Dialogues | Wall Street, Actions

Q: This would give the impression of a miscalculation. Or he did not expect such a striking replica of Beijing or a stronger economy.

g.g .: When Wall Street collapsed to 3% in one day, he urgently called the bank CEOs. He asked what was happening. Normally he knows and the others do not. This was an indication that there was a shift (which worried him) between the reality and the scenario of his booklet.

P: It is also sensitive to the stock market, it means.

g.g .: Logic His promotion is an accompanying letter, the certificate of achievement.

Q: China does not ignore this vulnerable flank. And now, it can explode a lot more.

g.g .: Trump uses foreign policy – where he moves like a fish in the water, not because he knows how to swim very well, but because he is freed from congressional ties – to achieve goals. mainly, domestic politics. And in this gym, you can not lose prestige. He remembers, but he must say that those who withdraw are the Chinese.

Q: He maintains that they took the phone to resume negotiations. And the Chinese are brutally denying it.

g.g .: Public opinion may believe or doubt. There are no elements of judgment. The fact is, China knows what the truth is. Trump is cut alone in the last stage of the showdown.

Q: In the company of Peter Navarro, your sales consultant.

g.g .: Commerce Secretary Ross and the commercial representative Lighthizer both remained silent in the background. Trump went to fight against China and the Fed at first sight, without giving or asking for barracks. And the key is that at some point, quite quickly, the card fell. Something was wrong.

P: The badault did not last long. It started on August 1st and did not reach the end of the month.

g.g .: It is that he drops the bag and can not realize that he is watching the wrong movie. And he will also warn that the economy will relax. It may be the first time you notice that the danger is serious. That they are not press fables that want to hurt him.

Q: And then Trump is looking for melee to lock the arms of the Chinese who now connect their best punches.

g.g .: It is not unusual for the President to admit, as he did, that he is thinking twice about how appropriate his strategy was. Then, I know, he said that he did not regret being aggressive, that it should have been even more difficult. Here he rewound. If you want to identify a reference, a marker, I would say Greenland.

Q: Throwing the purchase of Greenland on the table is a way to flee forwards.

g.g .: It's very trumpy. In December, in such a collapse, he revived the debate with the Congress on the Mexican Wall and ended it with the partial closure of the government, I do not know if he remembers .

Q: And what will the Chinese do now that Trump is tired and maybe hesitant?

g.g .: They will sit down to negotiate in September. The question is whether they will not want to spend another bill before. Xi Jinping said at the time the contest was preparing. This is not a text quote, but his mind: we are not the West, we must not play the other cheek, we will make the blow stronger.

P: It would be the third truce in the commercial offer. The two previous ones lasted a while, who can think that it will be the charm?

g.g .: Nobody But all respite is welcome. It is better to continue trading high voltage projectiles.

Q: Do you think you are at the moment to prevent the terrible global recession?

g.g .: If the stock market collapses, no one will believe it. With the inversion of the curve, it would be solid cardboard. If this does not happen, benign negligence will prevail, namely that burden; If you do not shake him, he will accompany you along the way.