Does it have Mexico or China? Remember last week I told you about my checklist and how you have a very hard time buying anything because of China?
Mexico's not as tough but still very bad for now and I continue to believe that the president thinks the tariffs are a huge win and unless the Mexicans say "we will build the wall", you may have to be ready for the tariffs come Monday.
I am sure that's pretty much off the table in Mexico and it is why there is so little meeting of the minds.
What you can see happening is the consumer packaged goods stocks are jumping because they can't be impacted by either.
As crazy as it seems I think the stocks aren't done going up. It's a herd market.
These are the herd.