Wednesday, December 5, 2018

"China Is Preparing to Buy U.S. LNG and Soybeans Again, Sources Say"

Well, I think my work here is done.
Time for a very important video.

But first, as noted in a 2016 post:
I've been at the market pretty much my entire adult life and like anyone doing something repetitively have developed mental filters to cut through the noise so one can focus on the important things: cat videos, dirty limericks about Turkey's Erdoğan (A wannabe Pasha from 'bul, showed Europe that they had no pull...) and Sartre parodies.

After a while you internalize the patterns and trust that if the world is about to end someone will text you....

...As to cats, I don't really care for them and they appear to know this. Dogs on the other hand seem to look on me as that big dog who knows how to drive and has impeccable taste in snacks.
I suppose though, some of the cat vids are okay:
And before I forget, from Bloomberg, December 4, 9:20 PM PST:

China Is Preparing to Buy U.S. LNG and Soybeans Again, Sources
    • Officials told to take necessary steps to restart purchases
    • U.S. said China promised to buy more energy, agriculture goods
      Chinese officials have begun preparing to restart imports of U.S. soybeans and liquefied natural gas, the first sign confirming the claims of President Donald Trump and the White House that China had agreed to start buying some U.S. products "immediately."

      Chinese officials have been told to take necessary steps for the purchases, according to two officials with knowledge of the discussions. It wasn’t clear whether the preparations meant China would cut the retaliatory tariffs it imposed on those products, or when the purchases would happen. It is possible that Beijing could reimburse buyers for the tariffs they pay, as they have done for purchases for the state soybean reserve.

      Chinese purchases of the goods collapsed after Beijing imposed tariffs on them in retaliation for U.S. import taxes. The two nations agreed to temporarily halt the spiraling exchange of tariffs over the weekend, promising to try and iron out their differences by the start of March next year....MORE
      Finally, combining the two strands... the Sartre and Monsieur Chat (not the beans and the gas):