Elazar was launched in 2004 by Chaim Siegel and has served famous hedge fund clientele who demand a keen understanding of drivers of individual companies and financial markets. Chaim twice worked for renowned trader Steve Cohen of then-SAC Capital (now Point72). He was also a partner at JLF Asset Management which was funded by George Soros. Previously he was one of seven analysts on a $13B mutual fund at Morgan Stanley Asset Management. Elazar Advisors publishes its research into the Reuters/Refinitiv Institutional Platform and Factset where Elazar's earnings estimates are factored into the Street earnings numbers.  Elazar's research is used regularly by fundamental and algorithmic traders and investors at some of the largest mutual fund and hedge fund managers in the world. Chaim has been a 5-Star top ranked analyst in Tesla and other big cap tech companies. Try us with a  free trial here . All investments have many risks and can lose principal in the short and l

China Will Never Make Reforms Under US Pressure: Global Times

The Global Times, known to be China's state media outlet had some telling comments.

The title of their latest jab at the US was, "China will never make reforms under US pressure."

China Admits Needing Reform

I had a couple of questions on that.

They would be ready to make reforms without US pressure?

Is this admitting that they need to make reforms but US pressure is holding them back?

The inference in their headline's language shows global pressure pinning them to need to make change. But needing to save face they need to do it only in a reduced state of "pressure."

It Gets Better

At the end of the Global Times post they again hinted confirming the need for such reform.

They said, "US Treasury Secretary Larry Summers got it right when he said that Chinese companies' leadership in some technologies is not the result of stealing from the US."

Wait a minute. "Some" technologies are not the result of stealing? They agree with that statement? So that would mean some are the result of stealing?

In that one Global Times message from the state of China, they hint and admit that reform needs to be taken but they need to save face and can't be pressured.

Trump Negotiation Step Two

As we've seen many times President Trump initially puts obscene pressure on his target. He then follows that up with relief and ingratiating consolation to close a deal.

Sounds like we're headed there.

As soon as Trump enters step two, China will "make reforms [not] under pressure."

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