Trump eases China threats, markets up!

The WSJ said this morning that the Dark Lord is feeling chartable. That means my index fund is feeling good. God bless our benevolent leader!

BTW, Voldemort will continue to thread the needle prior to Mid Terms or I'll eat my hat. PS. I don't wear a hat.

Stock futures and broader markets rallied after Friday's selloff, as comments from President Trump and Vice President JD Vance eased fears of a revived trade war with China.

“Don’t worry about China, it will all be fine! Highly respected President Xi just had a bad moment," Trump said Sunday on his Truth Social platform, adding “The U.S.A. wants to help China, not hurt it!!!”

JD Vance said the U.S. had a lot of leverage over China, but added that "Donald Trump is always willing to be a reasonable negotiator," in a Fox News interview over the weekend.

Assets ranging from cryptocurrencies to major commodities jumped early Monday. The dollar strengthened and stock futures advanced 0.7% or more, with tech shares leading gains. U.S. Treasury markets were shut for Columbus Day.

Asian stocks proved the exception to the global upturn, catching up on Friday's action. Hong Kong's Hang Seng Index led losses, falling 1.5%.

On Friday, Trump said he would hit China with a 100% extra tariff and impose new export controls, after Beijing imposed sweeping curbs on rare-earth exports. Trump's threats sparked a market rout, with the S&P 500 and Nasdaq Composite notching