Trade Deal Facts

No hard trade details for two-three weeks.
Ag buys are $40B-$50B over two years, not per year.
IP elements likely to spill into phase 2. (Kudlow)

What did the U.S. really get here?

Trade Deal Facts

No hard trade details for two-three weeks.
Ag buys are $40B-$50B over two years, not per year.
IP elements likely to spill into phase 2. (Kudlow)

What did the U.S. really get here?

— John Tuld (@BradHuston) December 13, 2019

Hmmmm..$50 bil agriculture purchases for China trade deal. 🤦‍♀️🤔

Compare that pittance to the $800 bil/yr defense budget, the $1.2T/yr last 10 yrs (= 33% ann'l tax increase) our deficits have blown out just to grow GDP the 2% we used to get organically. Then look forward 👇 pic.twitter.com/njRWwVPYq0

— M/1_LP (@MI_Investments) December 13, 2019