In this report, I cover the early market action from London on Wednesday, December 4th, 2019. I look briefly at the precious metals, the stock market, the dollar, the bond market and the price of WTI and Brent crude oil.
Today I look at the recent developments in the trade negotiations between the U.S. and China and how the stock market has also had its worst start for the month of December since 2008.
There are some who think the Fed and President Trump have the markets' back and that they will keep it going up. My conclusion is that it is not as clear cut that King Donald unlike King Canute will be able to stop the tide of selling in the stock market.
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Support the channel:
BITCOIN CASH: qzfcsu05c9ephzv8qzl7ysvn4lfclzneescfhre4r5
ETHEREUM: 0xfffd54e22263f13447032e3941729884e03f4d58 LITECOIN: LY6a8csmuQZyCsBZbLDTQMRuyLdsW9g2na
BAT Currency: Uphold a/c name manecoSC H4678: https://legiscan.com/SC/bill/H4678/2019