Talk of trade deals is everywhere. Markets can’t get enough of it, even the here-to-fore pessimistic bond complex. Rates have backed up as a few whispers of BOND ROUT!!! reappear from their one-year slumber. If Trump broke the global economy, then his trade deal fixes it. There’s another way of looking at it, though. Why did the President go spoiling for trouble with China in 2018? I don’t mean to ask what his rationale was, more along the lines of, why 2018? Why...
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