FAST FIVE: Bill Blain: "Xi Is In Much More Trouble Than We Think"
I've a gut feel Theresa May is now the signal driving sterling weakness, and her eventual departure (this month, this year-) will be the signal to go long.
I will be back on this theme and its why the headline today is: When May is Gone Put Your Buying Boots On.
Meanwhile back in the real world- Increasingly complex world out there.
This is no longer a trade spat – this is morphing into full economic war.
It may take longer than we think – Bloomberg makes an interesting point this morning.