Dude, if you mean the equity index futures specifically tomorrow? Hell YES it will be tradeable. Just stay away from Class IV milk futures. They kinda' suck. This is the PPI before the CPI before the Powell Poopy-eye statement.
For the first time, China did not discriminate against the Uyghurs regarding the isolation pods. They have these all around the country in all major cities. They are designated quarantine camps that they send people to as soon as they are found to be positive on a PCR test which you are required to undertake as much as 8 times a day depending on how many times you leave and come back from your home. You score a positive on ONE of these tests, you are sent to those quarantine camps.
The strange policy actually. There were very few deaths in China. Years ago, covid related deaths in other countries were very high; There were not enough coffins, not enough morgue space, not enough burial ground, not enough oxygen, not enough ventilators, not enough hospitals, not enough gloves etc etc etc.
Darn it! Now we would have to work hard to compete with China gain. We were just getting a bit of break with China in turmoil and now that they finally realized the stupidity of the "zero-covid" policy and shut it down, they are going to be working to compete with us again.
That policy was a political move more than anything else. They have their own virology experts there I am sure who would've arrived at the same conclusion as our experts here. There is no way that they would've arrived at so different of a conclusion that would warrant such a drastic measure since we are dealing with the same virus, same mutation, same everything. It's science!! But of course when you add politics to it, then everything changes. You can manipulate it however you want.
Last year the delta strain or whatever that everyone got rocked the markets due to its extremely rapid spread. Like everyone got it in the span of a month, I had trade from the phone all blurry eyed to avoid a loss so what China does does indeed affect the markets
You are right and wrong, right in that it will definitely put a dampener on inflation but wrong in disbelieving that the Fed is the ultimate decision maker on rates and the market is more concerned with rates than inflation. Businesses can pass on cost increases of input goods and services but higher costs to service new debt is much harder to pass on especially in a global market environment.
This is a super naive mindset. The entire market is highly impacted by inflation just not by equal degrees as rate decisions, at least not at the moment.
Maybe because China is not that important? LOL Maybe with our efforts in decoupling from China, we have found other alternative sources for our supply chain that whether China opens up or not is really not that big of a concern for us anymore? Like I said before, our financial market is quite isolated from China. Our financial system is not as interconnected to China as to like Europe and other Asian countries and regions like Hong Kong.