{"id":33674,"date":"2018-04-23T09:26:00","date_gmt":"2018-04-23T14:26:00","guid":{"rendered":"http:\/\/olduvai.ca\/?p=33674"},"modified":"2018-04-23T09:26:00","modified_gmt":"2018-04-23T14:26:00","slug":"eric-peters-chinas-best-play-is-to-let-the-us-stock-market-crash","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=33674","title":{"rendered":"Eric Peters: &#8220;China\u2019s Best Play Is To Let The US Stock Market Crash&#8221;"},"content":{"rendered":"<div id=\"block-zerohedge-page-title\" class=\"block block-core block-page-title-block\">\n<h3 class=\"page-title\"><span class=\"field field--name-title field--type-string field--label-hidden\"><a href=\"https:\/\/www.zerohedge.com\/news\/2018-04-23\/eric-peters-chinas-best-play-let-us-stock-market-crash\">Eric Peters: &#8220;China\u2019s Best Play Is To Let The US Stock Market Crash&#8221;<\/a><\/span><\/h3>\n<\/div>\n<div id=\"block-zerohedge-content\" class=\"block block-system block-system-main-block\">\n<article class=\"node node--type-article node--view-mode-full\" role=\"article\">\n<div class=\"node__content\">\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p><em>As excerpted from the latest Weekend Notes from One River CIO, Eric Peters.<\/em><\/p>\n<blockquote><p>\u201c<strong>China\u2019s best play is to let the US stock market crash<\/strong>,\u201d said the CIO. \u201cTrump is right, they can\u2019t win a trade war.\u201d So they won\u2019t try. \u201cBut Xi can consolidate if things get rough in terms of markets, but for Trump it is the opposite.\u201d\u00a0 The US is far more exposed to a bear market.<\/p>\n<p><strong>\u201cAnd just like US debt ceiling standoffs or just about any political standoff for that matter, the game is that things always have to get worse before they get better.\u201d <\/strong>And he sighed, deeply. \u201cBut I truly hate having to trade by playing game theory. It\u2019s just an awful way to live your life.\u201d<\/p>\n<p><strong>&#8220;I like to do the kind of analysis that involves looking at one group of companies that are starting to make money,\u201d <\/strong>continued the same CIO. \u201cAnd then from that observation, I can make reasoned forecasts about how their improving fortunes will impact others, and so on and so forth.\u201d The same process works in reverse of course. Economies have a way of spiraling up and down, like corkscrews. \u201cI like the kind of analysis that captures the actions of tens of thousands, or millions of people.\u201d And he sighed, again. \u201cBut now, we\u2019re just trading late night tweets.\u201d<\/p><\/blockquote>\n<p><em>And a bonus anecdote from Peters&#8217; note<\/em><\/p>\n<blockquote><p>\u201cThe polls say I won the debate,\u201d said the candidate, \u201cbut you and I know all about polls.\u201d Perry Parker\u2019s a good friend, we worked together for a decade, buying low, selling high. And having won in finance, he headed home to give back to Mississippi. When the 3rd congressional district seat opened up he made a bid.<\/p><\/blockquote>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Eric Peters: &#8220;China\u2019s Best Play Is To Let The US Stock Market Crash&#8221; As excerpted from the latest Weekend Notes from One River CIO, Eric Peters. \u201cChina\u2019s best play is to let the US stock market crash,\u201d said the CIO. \u201cTrump is right, they can\u2019t win a trade war.\u201d So they won\u2019t try. \u201cBut Xi [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,5],"tags":[130,236,13503,2731,827,10147,2442,4318],"class_list":["post-33674","post","type-post","status-publish","format-standard","hentry","category-economics","category-geopolitics","tag-china","tag-economic-collapse","tag-eric-peters","tag-stock-market-crash","tag-united-states","tag-us-debt-ceiling","tag-us-stock-market","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/33674","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33674"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/33674\/revisions"}],"predecessor-version":[{"id":33675,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/33674\/revisions\/33675"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}