The Latest FOMC meeting concluded with the expected rate cut. The Federal Reserve cut their Fed funds rates by a ¼% (25 basis points) to take the current spread to 175 bps. (1 ¾%) to 200 bps (2%).

Spoken over 200 years ago, Napoleon Bonaparte said, “China is a sleeping giant. Let her sleep, for when she wakes, she will move the world.”

Today it was announced by many new services that the Chinese officials have raised concerns about the impulsive nature of President Trump which has led them to believe that at this point in time it will be very difficult to a come to an amicable resolution