“Trump makes it sound like China is starting to cave to his demands. Top Chinese officials make it sound like the only thing that’s about to change is that U.S.-China trade relations would go back to where they were in January — before Trump unleashed his tariff war.” It’s not an ‘incredible deal’ yet, but the market likes the lifting of tensions between China and the US.

+ Meanwhile, back on Twitter, the president is chiming in on the sentencing request made by Michael Cohen: “He lied for this outcome and should, in my opinion, serve a full and complete sentence.”