So, President Donald trump and Chinese President XI Jinping at the G20 summit agreed to postpone tariff increases for at least three months, potentially cooling the trade war between the economies of the two superpowers.

Here’s my quick take on an agreement that sounds like what I’ve been describing as an “easy” deal:

It seems that this should be good enough for the markets to continue the rally that has taken place

I think the result is marginally better than what people were pricing and took some of the disaster scenarios off the table. My other thoughts:

(This column originally appeared on Real money, our premium site for active traders. Click here to get great analysis like this from Peter Cheera, Jim Kramer and other market experts every trading day.)

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