Stocks Panic-Bid As Kudlow Hints At Trade-Truce Extension

When in doubt – wheel out Larry Kudlow…

The White House Economic Advisor, under the guise of Plunge Protector, said this morning that:

  • *KUDLOW SAYS U.S. HAS BEEN WARNING HUAWEI ON SANCTIONS VIOLATION

  • *KUDLOW: HUAWEI DOESN’T HAVE TO SPILL INTO TRADE TALKS W/CHINA

  • *KUDLOW SAYS CHINESE CAR TARIFFS WILL COME DOWN RAPIDLY

So don;’t worry about Hauwei, oh and remember how awesome the car tariffs cut will be…

And most notably:

  • *KUDLOW SAYS TRUMP MAY GIVE CHINA MORE THAN 90 DAYS

And the result…

Someone please complain about these algos and machines that are ruining our markets… [crickets…]

Let’s see what happens next – after Nasdaq futures were levitated to green.

 

 

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