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A bloody race to the bottom. Stocks were hammered yesterday as geopolitical risks around the globe mounted. Trade war concerns were combined with increased tension in Hong Kong causing traders to sell stocks.

Never a dull moment. Stocks, unable to escape negative soundbites from the President, ended the week on a down note. Stocks traded off on Friday as President Trump warned that talks scheduled for September with China might not happen.

About face. Stocks jumped yesterday as China fixed its currency at the weakest point since 2007, but not as bad as the market was expecting. China’s greater-than-expected currency fixing combined with better-than-expected export data eased trade jitters and stock traders celebrated by bringing...

Crazy hazy days of summer. Stocks swung wildly yesterday opening in the red and clawing their way into the black. Fears of global economic slowdown brought on by central bank easing gave way to dip buying.

Temporary relief of pressure. Stocks rallied yesterday, breaking a losing streak, as China quelled fears and sellers were exhausted. China’s promise to keep the Yuan from falling further gave traders the cue to buy the dip.

Counterpunch! Risk assets were trounced yesterday in response to some aggressive moves by China. China fought back and traders finally opened their eyes to the reality of a trade war.

Wrong way! Stocks sold off on Friday, despite solid employment figures, in response to trade tensions brought on by Trump’s newest tariff threat. Employment numbers coming in largely as expected were not enough to divert attention away from a deteriorating trade situation with China.