Stocks Panic Bid As Trump Says "Very Close To Big China Deal"

With the magic of a few short tweeted words, President Trump lifts stocks to new record highs...

Mission Accomplished...MSCI All-Country Stock Index just hit a new all-time high

Record highs...

As the market prices in a 70% chance of a deal being done...

Source: Bloomberg

Yuan also exploded higher...

Source: Bloomberg

And Treasury yields are spiking.

Source: Bloomberg

Gold was monkeyhammered...

And oil prices are nearing $60...

How big is a phase one deal?

Just one thing before everyone gets carried away...