SA: Monday, Bloody Monday

© Mike_kiev

THE HEISENBERG writes: “Pretty much anything that could go wrong, did go wrong on Monday. We’re barely two hours into the US cash session as I write this, so there’s plenty of time for things to turn around, but a weekend’s worth of recriminatory bombast from the Trump administration and a barrage of accusations emanating from state media in China dashed hopes that last week’s abrupt escalation in the Sino-US trade dispute would prove fleeting.”

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Now please read: Stocks are on pace for their worst day of 2019 as US-China tariff battle escalates (MarketWatch)