How Markets View Trump's Trade Policy at the G-20

The transcript discusses market biases and nervousness ahead of a meeting in Argentina, highlighting trade as a key issue. It explores expectations of market disappointment despite a slightly bullish positioning. The administration's strategy of setting low expectations is analyzed, with a focus on short-term solutions to maintain market stability. China's long-term strategy is considered, noting its ability to wait out economic impacts. The role of photo ops in shaping market reactions is also examined, with an expectation of minimal outcomes from such meetings.

What does the speaker suggest about the expectations for a resolution?

What is the significance of a handshake and a smile in the context of the meeting?