The trade talks between U.S. and China appear as volatile and fickle as it can get. After apparent clarity on trade truces gaining momentum, TariffMan springs back into action with a fresh Twitter vow to increase rates on nearly $200bn worth of Chinese goods to 25% from 10%. China’s Policy Uncertainty index has once again spiked up alarmingly. Brushing this aside, the U.S. SSSG has comfortingly recovered (though UK counterpart, Debenham’s Plc. has cracked under its debt load), global PMIs cruise along at 50+ levels and misery indices world over happily show signs of fatigue.