Alan: Trump will wait until the stock market falls another 1500 to 2500 points and will then cancel his tariffs even in the absence of any significant concessions by China.
The nearer this scenario plays out relative to next year's election build-up, the happier Trump will be, hoping to ride the coat tails of a presumed market surge all the way to Election Day.
I will also venture that Trump arranges for well-hidden agents to buy large quantities of stock on his behalf in order to "make a killing" on his own ultimate insider knowledge of exactly when he will rescind tariffs.
Trump Says US "Not Ready" To Make Trade Deal With China
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