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China hits back
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Pat H
Posted 4/4/2025 07:11 (#11174385 - in reply to #11174298)
Subject: RE: China hits back


cropsey, il 61731
Has China been buying beans from us? I thought we hadn't sold them anything for a while. Our bureaucracy and apparently most of the world wants to maintain the status quo because they like our money.

Just to be clear, markets don't care about fundamentals until fundamentals rule but not always (we're running out, we have way too much). Markets do care about news about fundamentals. Nothing has actually changed. No big cancellations, etc., but this is an excellent opportunity for the trade to sell off. The trade makes money that way too (arguably more and faster?).
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