### Comment:
He also needs a resolution sooner rather than later. I'm not saying he'll get out of this hole, but his best bet at re-election is to bend the knee and resolve this now so he doesn't go into the election with SPY at $230

### REPLY:
Forget $230, if this trade conflict keeps up at this pace, SPY could be at sub-$150 and we’ll be in a full blown recession.

### END.