News Snapshot:
by Tyler Durden Wed, 07/08/2020 - 10:25 White House economic adviser Larry Kudlow joined CNBC on Wednesday morning, and did what he does best, or what he's paid to do - that is, pump, pump, and pump some more. For the Trump administration to send The Kudlow out to the mainstream financial press to convince everyone the trade deal is still intact, suggests there's a major problem. That problem is on commitments and China's monthly purchases of US goods covered by the phase one deal is severely underwhelming (per the trade deal tracker via Peterson Institute for International Economics (PIIE)....