Since last Friday, the global market has been unable to recover from the sell-off after the fear of trade war has resurfaced. The reason for lack of meaningful bounce back is because Wall street and investors no longer believe in the magic of Trump Put after hearing from China denying they have called Trump. It is becoming evident to the US and global investors; Trump does not want to make a deal until next year because he knows any agreement can be scrutinized and fall apart and he would lose his chance of taking a big win to support his reelection campaign.
