Cumberland Advisors Market Commentary - A Wuhan Coverup and the Trade Deal? - btbirkett@gmail.com - Gmail
...Remember, the Xi Jinping government and the Donald Trump government had reasons to get the trade deal agreed to quickly. There is no way to confirm any conspiracy between the two countries, but we do know that information about the virus outbreak was available in December and early January. And we do know that that information was not mentioned in the trade-deal narrative. Is Chinese silence a conspiracy? Is American silence a conspiracy? Or was the Trump administration simply not yet paying close attention to this emerging threat when it closed a phase one trade deal with China?
...Nobody can go in or out and that will last maybe two more months. No way to know. No American or European in his right mind is going to China for any reason for a long time. The damage to business and trade in China will be extensive...The next phase II deal with China should be easier as they are now in no position to play tough guy. The Chinese now need the US trade more than ever. One man’s problem is another man’s opportunity. Those companies on the fence as to moving out of China just had their decision made for them. That will weaken China further.”
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