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Trade war versus real war


Crude oil prices soared after we are seeing the reduced risk of a trade war but increasing risk of heating up the real war in Syria. After conciliatory remarks by Chinese President Xi Jinping promising to announce plans to open China's economy, including lowering tariffs for cars and enforcing the legal intellectual property and technology transfers of foreign firms in the country.

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Flock to Safe-Haven Assets Could Create S&P Buying Opportunity

The combination of current sentiment and recent changes gives us a stronger US 500-bullish contrarian trading bias.