Dow Dumps Back Into Red, Erases “Meet Halfway” Gains On Trump Comments

Some good (macro) news is bad news sprinkled in with President Trump saying that he will only do a deal with China “on our terms” has sparked algo selling across the cash open, sending The Dow back into the red…

Meanwhile 30Y just dropped back below 2.00% again…

Source: Bloomberg

Maybe Johnny 5 should take the day off.