Home » Posts tagged 'trade' (Page 7)
Tag Archives: trade
How Are Chinese Stocks Responding to Tariffs With the US and a Slowdown in Asian Growth?
HOW ARE CHINESE STOCKS RESPONDING TO TARIFFS WITH THE US AND A SLOWDOWN IN ASIAN GROWTH? Despite US tariffs, China’s September trade balance with the US reached a record high A number of China’s Asian neighbours have seen a deceleration in growth The Shanghai Composite has fallen more than 50% since 2015, the PE ratio […]
“No One Has Outlawed Recessions” Stockman Sees S&P Fair Value “Way Below 2000”
“No One Has Outlawed Recessions” Stockman Sees S&P Fair Value “Way Below 2000” “If you’re a rational investor, you need only two words in your vocabulary: Trump and sell,” says David Stockman, former President Reagan’s Office of Management and Budget director, warning that a 40% stock market plunge is closing in on Wall Street. While […]
“The Real Economic Shock Is Yet To Come” – Trade War Deepens Across Asia
“The Real Economic Shock Is Yet To Come” – Trade War Deepens Across Asia The last chance to avoid a full-blown 2019 trade war may come later this month when President Trump is scheduled to meet with Chinese President Xi Jinping at the G-20 Buenos Aires summit in the city of Buenos Aires, Argentina. It […]
Russia, India And Iran To Cooperate On New Trade Route Alternative To Suez Canal
Russia, India And Iran To Cooperate On New Trade Route Alternative To Suez Canal After their leaders pledged to strengthen bilateral trade and military cooperation at a bilateral summit last month, Russia and India announced earlier this week that they had sealed a long-discussed $6 billion arms deal despite threats of economic sanctions from Washington. […]
China’s Economic Slump Accelerated In October, Early Indicators Show
China’s Economic Slump Accelerated In October, Early Indicators Show As corporate defaults surge, forcing a desperate PBOC to reverse its deleveraging efforts and threaten more interventions to stave off a more serious retrenchment in growth in the world’s second largest economy, it seems like not a day goes by without another warning sign that China’s […]
Why Public Debt Is a Problem — And Trade Deficits Aren’t
Why Public Debt Is a Problem — And Trade Deficits Aren’t As the U.S. trade deficit has been widening for the fourth month running, markets and business experts appear once again bewildered by the events and unsure how to react to them. On the one hand, they had vehemently opposed the increase in trade tariffs […]
Globalization Has Hollowed Out Rural America
Globalization Has Hollowed Out Rural America The value of local control and local capital far exceed the pathetic “savings” reaped from shoddy commoditized goods. What do we make of an economy in which a handful of bubblicious urban areas are magnets for jobs and capital while rural communities have been hollowed out? The short answer is that this progression of […]
The Trade War Is Getting Worse For U.S. Businesses
The Trade War Is Getting Worse For U.S. Businesses President Donald Trump’s trade war is making things even worse than before for businesses in the United States. The trade war has been dragging on for four long months now, and the pain is being felt financially. Companies’ earlier worries are starting to translate into actual financial pain as new orders […]
Savings–Not Tariffs Will Make America Great Again
Savings–Not Tariffs Will Make America Great Again While the farcical Kavanaugh confirmation hearings dominated the news cycle for the past couple of weeks, little mention was made of a disturbing economic headline – the August US trade deficit. Despite all the bluster from the Trump Administration about “winning trade wars” and “trade wars are easy,” […]
Big Oil Cheers Trump’s ‘New NAFTA’ But Mexico Could Complicate Things
Big Oil Cheers Trump’s ‘New NAFTA’ But Mexico Could Complicate Things While the oil and gas industry has lauded the new trade deal that may soon replace the North American Free Trade Agreement (NAFTA), a provision added by Mexico, along with its new president’s plan to ban fracking, could complicate the industry’s rising ambitions there. The new agreement, […]
World Finance Leaders Scramble For A Solution To Escalating Trade War, Rising Rates
World Finance Leaders Scramble For A Solution To Escalating Trade War, Rising Rates The main takeaway from the IMF and World Bank Group annual meeting in Bali, which hosted financial ministers and central bank governors from around the world this weekend, was that global trade tensions were having a profound effect on global growth and […]
The Self-Defeating US Empire
The Self-Defeating US Empire Trump is trying to square a globalized world through a national-based American capitalism. It won’t work. Former President Teddy Roosevelt (1901-09) described the essence of US foreign policy as “speaking softly while carrying a big stick”. Under the incumbent president, Donald Trump, it seems to be all about “speaking loudly”. What […]
IMF Slashes US Growth Outlook, Blames Rates & Trade; Sees Venezuelan Inflation 10-Million-Percent
IMF Slashes US Growth Outlook, Blames Rates & Trade; Sees Venezuelan Inflation 10-Million-Percent Confirming Director Lagarde’s warning that “clouds on the horizon have materialized,” The International Monetary Fund is downgrading its outlook for the world economy, citing rising interest rates and growing tensions over trade. The IMF said Monday that the global economy will grow […]
Former Fed Governor Warns Of “Several Decade Cold War” With China
Former Fed Governor Warns Of “Several Decade Cold War” With China Former Fed governor Kevin Warsh warned on Thursday that the US-China relationship is “probably as poor as” it has ever been since former President Richard Nixon and Henry Kissinger developed strategic relations between both countries in the early 1970s. “We’re at the risk of a […]
