USA is poised to win the trade war, says Mohamed El-Erian
CNBC, Released on 7/9/18 Mohamed El-Erian, Allianz chief economic advisor, breaks down three big market-moving predictions.
trade
China slowdown is evident. Nothing to do with trade wars. All to do with debt saturation
China slowdown is evident. Nothing to do with trade wars. All to do with debt saturation Chinese junk bonds, the biggest component of Asian high yield, surpassed 10 percent on Friday for the first time since 2015.
An Absolutely Epic Escalation Of The Trade War Has Us On The Precipice Of A Cataclysmic Global Economic Crisis
by Michael Snyder If Americans really understood how much their standard of living was about to change, the streets of our major cities would be packed with protesters by tomorrow morning. For the past several decades, China and other low …
Trade Deficit With China Hits New Record… TESLA to Build Auto Factory in Shanghai
$152,237,500,000: Merchandise Trade Deficit With China Hit Record Through May (CNSNews.com) – The U.S. merchandise trade deficit with China set a record through May, hitting $152,237,500,000 for the first five months of 2018, according to data released Friday by the Census …
The U.S. Trade War With China Officially Goes To The Next Level As Financial Markets Around The World Continue To Implode
by Michael Snyder Up until now, the U.S. trade war with China has simply been a bunch of threats and counter-threats, but now things are about to get very real. On Friday, the first round of U.S. tariffs on Chinese goods …
IT’S ON! Trump launches the opening salvo in US trade war with China as tariffs take effect
Geoff Raby, Australia’s former ambassador to China, told CNBC on Friday: “It looks like the first shots to the trade war are about to be fired.” Tariffs on $34 billion worth of Chinese goods kickin in at 12:01 a.m. EST …
Trade War Is Coming, But We Don’t Know How
BY PATRICK WATSON We’re in a trade war. No, we’re not. Yes, we are, but it won’t be so bad. I heard all those conclusions in the last few weeks as President Trump ordered tariffs on US trading partners …
Growth In Trade Is Already Starting To Slow
via Mike Bird and Riva Gold Even before a round of U.S. tariffs levied on China comes into force Friday, there are signs that global trade is already cooling. Business surveys published this week show that global export growth, strong in 2017, has slowed …
Things Just Went Nuclear In Our Trade War With China, And A Giant Shockwave Is About To Hit The U.S. Economy
by Michael Snyder It is difficult to find the words to describe just how serious America’s trade war with China is becoming. As you will see below, the two largest economies on the entire planet are on a self-destructive course …
Global Trade Wars Escalate – China to “Fight Back Vigorously”
From Birch Gold Group If you stand back and spray a hornet’s nest, you can avoid getting stung. But if you kick over a hornet’s nest, you better watch out. And the time to watch out is now because the U.S. …
Definition of Free Trade = Gov’t is Free to Change the Definition to Freely Get Revenue
by Martin Armstrong COMMENT: I live in Alberta, Canada and for years as a sign maker I had to order materials from the United States. I can assure you that the problems you mention are no different than the problems we encounter when buying American products: tariffs; …
Trade Wars, Rate Hikes, and a Whole Lot of Maybes
By Lance Gaitan Last week, Federal Reserve Chair Jerome Powell dropped a couple of surprises on Fed watchers. What didn’t come as a shock was the quarter-point hike to the overnight federal funds rate. Markets were fully prepared for that move. But they were …
The U.S.-China trade spat isn’t why stocks are stumbling (it’s due to the unwinding of excessive optimism)
The U.S.-China trade spat isn’t why stocks are stumbling (it's due to the unwinding of excessive optimism): https://t.co/Nnmr7BjKKz $QQQ $XLK pic.twitter.com/6o4lVwK8Zl — Lance Roberts (@LanceRoberts) June 19, 2018 Do you really think the threat of a trade war is causing …
India and Russia Join China in CURRENCY and TRADE WARRR! Stock Market FALLS!
Please let me know what you thought about how bailouts don’t actually fix a problem. Financial companies in particular are completely intertwined and so are “Too Big To Fail”. But that can’t be unwound without causing a Global Economic Collapse. …
Why America’s Trade War With China Will Be Absolutely Crippling For The U.S. Economy
by Michael Snyder Can the global financial system handle a full-blown trade war between the two largest economies on the entire planet? We have never seen anything like this happen in the modern age, and this is creating a tremendous amount …
The Trade War Is Heating Up Again Between The U.S. And China
from Zero Hedge Update: Beijing responded that it would retaliate with tariffs in equal scale to the $50BN of duties on Chinese goods unveiled by the Trump administration. “China will immediately introduce countermeasures of the same scale and strength,” an unnamed Chinese …
Alan Greenspan — We are at the edge of trade war
https://www.youtube.com/watch?v=PmfbjWChfok Greenspan a lil devious globalist elf! AC
America Loses When The Trade War Becomes A Currency War
by Brandon Smith There has been a longstanding narrative in economic circles that no matter what crisis occurs the U.S. dollar is essentially invincible. I have never been one to buy into this assumption. Reason 1: Because I remember distinctly just …
A Global Earnings Recession Is All But Certain As World Trade Sinks
via palisade-research: Markets have rallied into summer. The mess in Italy – which hasn’t resolved itself at all – is yesterday’s news. Within the last two weeks, the VIX is down 35% – investors’ fears are essentially gone. If you turn on CNBC, …
G7 Globalist Fear Trump Trade Reset
by James Hall President Trump has announced that the U.S. piggy bank will no longer subsidize or be sucked dry to finance a pack of ungrateful allies. Keeping the Socialist EU afloat and putting up with backstabbers like Canada or allowing …
Trump Winning Trade War, Iran Used US Dollar, Media Propaganda Continues
A very big story has emerged out of a Senate probe that uncovered a secret deal to allow Iran to sidestep U.S. sanctions and use the U.S. financial system. The Obama Administration continually told the public it would not allow …
Tariffs Lead to Trade War
By Lance Gaitan You usually find me sifting through important economic data and analyzing how it’ll affect the Treasury market. That’s my wheelhouse. We’ll get to that stuff soon, after we talk about the forces (political and otherwise) that moved …
$119,050,900,000: Trade Deficit With China Hits Record… EU Says Tit-for-Tat Tariffs Against USA Ready in July
$119,050,900,000: Merchandise Trade Deficit With China Hit Record Through April (CNSNews.com) – The U.S. merchandise trade deficit with China set a record through April, hitting $119,050,900,000 for the first four months of 2018, according to data released today by the Census …
Technically Speaking: Bulls Charge Into “Trade War”
by Lance Roberts On Monday, stocks opened higher as the bulls pushed the market above overhead resistance. In this past weekend’s missive, I updated our ongoing “pathway” analysis which continues to drive our overall portfolio positioning currently. To wit: “As shown by the …
Trade Wars Have Begun – But Who Wins? Mike Maloney
Join Mike Maloney as he takes a look at the recent actions of several governments in regard to trade tariffs. Is this a case of ‘an eye for an eye makes the whole world blind’?
Trade War Backfire
by Chris I just found this on a Reddit thread…seems legit: I work for a [midwest US] company that imports steel to make construction and mining equipment. We import our steel from Canada and the EU so starting yesterday the …
The Global Steel Trade that Trump Just Hit with Tariffs?
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Who totally dominates it? Steel tariffs are now in place, and the world is grumbling and threatening retaliation against the US. Its closest partners, such as Canada, are trying to figure out how to navigate the …
Personal income and outlays, Corporate profits, Trade, Bank lending, Corporate debt
by WARREN MOSLER Spending was up, but unfortunately due to higher gas prices, which were paid for by further dipping into savings that were already far too low. So looks to me like q2 is off to a very uncertain …
If this is a trade war, the United States will win – The US has trade deficits with all of these countries – How can they put tariffs on American goods that they don’t actually buy?
They can’t, and what they do buy, pales before what Americans buy from themAMERICA FIRST via spectator.co.uk: Donald Trump is following through on his threat—or promise, as his voters see it—to impose steep tariffs on foreign goods in the name …
The U.S. Has Decided To Fight Trade Wars With China, Europe, Canada And Mexico Simultaneously, And That Will Be Disastrous For The Global Economy…
by Michael Snyder One trade war may be enough to push the struggling global economy into another recession, but the U.S. government has apparently decided that it is time to fight trade wars with pretty much all of the major economies around the …