Trenches & Trees
Market Leftovers Report
Market Leftovers: June 11
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Market Leftovers: June 11

US and China agree to trade deal framework, EPA further embraces pollution for power, and the US quietly backs out of the Middle East

Episode 33, and still EXTREMELY not-wealthy. Gotta work on that. Anyway…

A Troubled TACO Tuesday:

June 11 QFR:

  • US and China agree to framework to enforce their previous deal, tariffs on Chinese imports at 30% and tariffs on US imports to China at 10%.

  • The EPA proposed repealing rules limiting greenhouse gas and mercury emissions from power plants

  • The U.S. is drawing down non-essential staff and dependents from its Baghdad embassy, Bahrain, and Kuwait due to potential regional unrest

Notes for June 12:

  • 0530PST: Continuing Jobless Claims, Core CPI, Initial Jobless Claims, and PPI

  • 0800PST: President Trump participates in Bill Signing ceremony

  • 1000PST: 30-Year Bond Auction

  • 1230PST: President Trump signs more executive orders

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