The Art of the Deal (with Chinese characteristics)

Our trade war factor has been heating up, though readings remain in neutral. A secondary index (red line) measures Sheldon Adelson's Macau casinos operator LVS against other gaming stocks (inverted). As Adelson is a major Republican donor, and the casino licenses expire in 2022, the licenses represent another form of backdoor pressure that Beijing can apply to trade relations.

Chinese and American negotiators are scheduled to meet again on Thursday, October 10 for another round of trade negotiations. There have been conciliatory gestures on both sides, but what are the chances of a deal?

The full post can be found here.