Bloody Hell! US and China Call a Truce - Temporary Like Everything Else

By Order of the Economic Peaky Blinders

Right so I hear the Yanks and the Chinese are playing nice for a bit. Seems they've agreed to ease off each other's throats tariff wise. They're saying it's a 'major thawing' – sounds like a bloody romantic novel doesn't it? But I've seen more sincere smiles from a bookie who's just lost a fortune. Call it a truce if you like I call it business. And business is war. Sometimes.

From 125% To 10% Sounds Too Good To Be True

These 'reciprocal' tariffs are getting slashed – from 125% down to 10%. Makes you wonder what they were playing at in the first place. Like two blokes bidding up the price of a horse they both know is lame. Except of course this ain't horses it's the whole bloody world economy. But there's always a catch. That fentanyl business? The Yanks are keeping their 20% duties meaning China still face 30% tariffs overall. Never trust a deal that sounds too good to be true. There's always a razor blade hidden in the apple.

Lake Geneva: Where Dreams Go to Die (or Get Postponed)

Apparently they had a pow wow in Switzerland. Lake Geneva they say added 'equanimity' to the talks. Equanimity? Sounds like a fancy word for burying the hatchet... at least temporarily. This Bessent bloke the U.S. Treasury Secretary reckons they've reached a '90 day pause'. Ninety days. In my world that's enough time to plan a wedding a funeral and a war. Maybe all three at once.

More Talking Less Shooting (For Now)

Both sides say they'll keep chin wagging about economic and trade policy. That's politician speak for 'we're still trying to screw each other over but politely'. Don't be fooled eh? This ain't about friendship and sunshine; it's about power and money. And both sides want their share.

Wall Street Gets a Boner!

The markets are happy. Nasdaq futures are up the S&P 500 is up the Dow is up nearly 1,000 points. Bloody sheep all of them. Easily led by any bit of good news. They should know by now I am usually right trust no one. You stick to what you know and you'll be alright. This is all just a game and the rules are always changing. The dollar is also up. I'll bet some people are making a killing off this. And some will be losing it all. That's the game. Always.

A Word to the Wise...

So what does it all mean? It means the world keeps spinning the deals keep happening and the Shelbys keep an eye on everything. It means you can't trust anyone not the Yanks not the Chinese and definitely not the politicians. It means you gotta be smart be ruthless and always have a backup plan. After all "Intelligence is a very valuable thing innit my friend? And usually it comes far too fuckin' late."