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Stansberry Digest

Meme-Stock Mania Returns

More 'not bad' news on tariffs... A mixed day on the surface... Greed beneath the surface... Meme stocks are back... Homeowner or homeless?... When the ducks are quacking, feed them...


'Trade is in a very good place with China'...

That's the latest from Treasury Secretary Scott Bessent in an interview this morning with Fox Business.

Next Monday and Tuesday, Bessent will meet with Chinese officials for another round of trade discussions in Stockholm, Sweden and will "be working out what is likely an extension" of the pause on the highest threatened "reciprocal" tariffs on China. The current pause – which still enacts a 30% tariff on Chinese goods – is set to expire on August 12.

Times sure have changed from earlier this year, when Chinese officials were talking about being ready for "any type of war" and tariff threats reached 145% on Chinese imports. Now, Bessent says, rather than tariff rates, the U.

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