#USChinaTradeTalks , the meeting between the U.S. and China in London leaves me with mixed feelings: it is a good sign that the truce is maintained after Geneva, but I doubt that significant changes will actually materialize. The most contentious issues—chips, minerals, and visas—are far from being resolved and seem more like diplomatic literature than substantive agreements. Although the markets react with optimism, I feel that the relief is more psychological than real. This teaches me that in geopolitics gestures are valuable, but the real weight is in implementation. So for now, I observe attentively, but with pinches of skepticism.$USDC