I’m sitting here wondering why the market is not taking the escalating trade war seriously. With $200 billion worth of Chinese goods likely to get tariffs. Does the market think China is going to roll over like our allies?
The Chinese have made it clear they are willing to fight and have a vision much longer than Trumps term. They can’t match the tariffs so they are going to be forced to increase taxes or boycott companies such as Nike and Apple. Why does the market not care right now?
The IV on Puts for companies like NKE and UTX are in the low teens and could offer great returns as a speculative play for the October Puts.
Submitted August 08, 2018 at 10:01PM by urriola35 https://ift.tt/2M2PkSa
