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Trump’s China Shock

Aug 05, 2019 - The New York Times

What the heck is going on?

I didn’t know that the Dow was going to drop 750 points, so my latest column is El Paso-related. Probably the right choice anyway, because US-China is moving so fast that anything in the print paper would be out of date.

But it does look as if I should try to explain (a) what I think is happening (b) why the markets are going so nuts. By the way, given Mnuchin’s declaration just a few minutes ago that China is a currency manipulator, tomorrow’s market...