{"id":46263,"date":"2019-05-21T08:46:48","date_gmt":"2019-05-21T13:46:48","guid":{"rendered":"https:\/\/olduvai.ca\/?p=46263"},"modified":"2019-05-21T08:47:27","modified_gmt":"2019-05-21T13:47:27","slug":"blains-morning-porridge-may-21st-2019","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=46263","title":{"rendered":"Blain’s Morning Porridge – May 21st 2019"},"content":{"rendered":"\n

Blain’s Morning Porridge – May 21st 2019<\/a><\/h3>\n\n\n\n
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\u201cHe knew everything about literature, except how to enjoy it\u2026\u201d<\/em><\/p>\n\n\n\n

Waves of negative news headlines battering markets. Might have to wear a hat..<\/p>\n\n\n\n

Huawei \u2013 Trade War Threat Level Rises<\/strong><\/p>\n\n\n\n

The Huawei embargo raises the trade war threat from undeclared to imminent shooting match. While it\u2019s not quite \u201cbullets fired at Archduke\u2019s car\u201d, it\u2019s getting close. It feels like there is something of a tedious inevitability developing \u2013 a bellicose Trump realises his political future depends on winning, and the Chinese refuse to lose face. Is it already too late to rein back?  <\/p>\n\n\n\n

Huawei being effectively barred from Occidental markets has triggered all kinds of market fears: a \u201cdigital iron-curtain\u201d, the threat of an economic cold tech war, broken global supply chains, and knock-on effects we can only begin to imagine. It\u2019s the End of Globalisation \u2013 scream the media. The Chinese hint at reprisals. The \u201ctemporary exemptions\u201d granted last night by the US are just that \u2013 temporary: they won\u2019t undo the sudden need of millennials to dump their Huawei phones. The damage has been done.  Who will the Chinese punish in return? <\/p>\n\n\n\n

Markets are now rife with speculation about \u201cripple\u201d effects damaging tech dependent initiatives from autonomous cars, streaming, digitisation, and booking apps, triggering all kinds of real-world economic pain in sectors like tourism and luxury goods. While the market is fretting about how America will shod itself as tariffs are slammed on shoes made in China, it might be time to reassess market sectors where we expected long-term and ongoing China expansion, rising domestic consumption and demand to drive growth \u2013 I\u2019m think areas from aviation, autos, machinery and plant, and energy. And, what are the implications for the UK \u2013 where the Chinese are building our nuclear power stations? <\/p>\n\n\n\n

This doesn\u2019t end well\u2026<\/p>\n\n\n\n

 \u2026click on the above link to read the rest of the article\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"

Blain’s Morning Porridge – May 21st 2019 \u201cHe knew everything about literature, except how to enjoy it\u2026\u201d Waves of negative news headlines battering markets. Might have to wear a hat.. Huawei \u2013 Trade War Threat Level Rises The Huawei embargo raises the trade war threat from undeclared to imminent shooting match. While it\u2019s not quite […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,5],"tags":[130,195,1849,4651,22663,805],"class_list":["post-46263","post","type-post","status-publish","format-standard","hentry","category-economics","category-geopolitics","tag-china","tag-debt","tag-financial-markets","tag-globalisation","tag-morning-porridge","tag-trade"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/46263","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=46263"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/46263\/revisions"}],"predecessor-version":[{"id":46264,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/46263\/revisions\/46264"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=46263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=46263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=46263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}