Payroll growth slows in November as labor market tightens Private payrolls grew by 179,000 in November, below Wall Street estimates of 195,000, according to ADP and Moody’s Analytics. The service sector added 163,000, led by professional and business services. Medium-size …
by Shaun Richards Let us take the opportunity to be able to look at some better news from Greece which came from its statistics office yesterday. The available seasonally adjusted data indicate that in the 3 rd quarter of 2018 …
From Jim Rickards, Editor, The Daily Reckoning: “I will not be the one to break the peace we have made here today.” With those words, the Godfather, Don Corleone, played by Marlon Brando, ended the war among the five mafia families …
by Graham Summers via Gains, Pains & Capital The all-important US-China meeting occurred at G20 and accomplished pretty much nothing. There was no real progress, nor was there a deal. All that happened was that China and the US agreed to continue trade negotiations for another …
By Bill Bonner BALTIMORE, MARYLAND – The show went on! And, as we predicted, The Donald claimed victory… and stocks went up. When we left you on Friday, Mr. Trump was on Air Force One. He was on his way to …
By Bob Shanahan President Donald Trump and 20 other world leaders were in Argentina over the weekend. On Friday, Trump signed a new North American trade agreement with Mexico and Canada, replacing the Clinton-implemented North American Free Trade Agreement. While …
The U.S and China have agreed to preliminary terms at the G20 meeting. There has been no concrete pact put in place to actually fix the issues which are still ongoing. But as long as the market sees that something …
US, China could be entering ‘cold war’ over trade, Yale professor says from CNBC. via CNBC: World leaders are gathering in Argentina this week, with financial markets paying special attention to a meeting between President Donald Trump and Chinese premier …
via sputnik The G20 may become the platform where China and the United States could manage to overcome trade disputes, if this does not happen, recession in the global economy may begin as early as in 2019, Kirill Dmitriev, the …
by WARREN MOSLER Trade deficit still increasing: Highlights The goods portion of October’s trade deficit is deeper than expected, at $77.2 billion vs expectations for $76.9 billion and compared with a monthly average in the third-quarter of $74.6 billion. October’s …
by Graham Summers of Gains, Pains, & Capital Stock markets are rallying today on the belief that somehow the US and China will sign a trade deal at the upcoming G-20 meeting. Investors are buying this narrative despite the facts that… 1) The …
by John Rubino Looks like we just hit an inflection point. So far this morning: U.S. new home sales drop to more than 2-1/2-year low (Reuters) – Sales of new U.S. single-family homes tumbled to a more than 2-1/2-year low in October …
China Warns Trade War With US Could Escalate Into ‘Great Depression & World War’ Washington is considering sanctions against companies and officials linked to China’s alleged crackdown on the country’s minority Muslims. Speaking to Reuters before heading to join Chinese President Xi Jinping’s …
fake trade news, fed members commenting, wall street going dove, and the hopes of g-20 trade deal have been the reason for basing pic.twitter.com/HFL0RJl9KB — Alastair (@StockBoardAsset) November 28, 2018 Folks, today was a massive intervention day with fake trade …
by Thinker How many Americans are old enough to remember when towns and cities in the U.S. were almost completely self sufficient??? There was little need to go in search for any food product, because there was someone within twenty …
https://www.youtube.com/watch?v=MY6FQCuwcfc On Episode 42 of the Stansberry’s Investors Marketcast, your hosts begin by recapping last week’s selloff. John talks Apple’s production cuts, and why it weighed on tech. Oil continues to fall, marking its sixth straight down week. John and …
China’s former chief trade negotiator has hit out at Beijing over its approach to the US trade war, saying it’s not thinking “deeply enough” about it. “If we have people who always talk about politics engaging in negotiations, we will …
https://www.youtube.com/watch?v=n6pyVan2SD0 This week’s Stansberry’s Investors Marketcast begins with host John Gillin recapping the market’s “oversold bounce.” John explains why the Dow was the real leader of the week, and how the other major indexes tagged along for the ride. Greg …
Global trade issues are now showing up in the statistics. We’ve been hiding the truth behind jobs numbers and hilarious unemployment statistics. But some things can’t be hidden. When we look at the numbers, globally there is a clear and …
Bridgewater’s Ray Dalio on the bond bubble, China and trade from CNBC. “The trade war, I think, can be worked out,” says Ray Dalio, the billionaire founder of Bridgewater Associates. The two nations’ polar opposite methods of governing is the …
CNBC, Released on 11/13/18 Ever since Apple reported earnings, FAANG stocks have begun to splinter off and show a divergence in performance. Peter Boockvar, Bleakley Advisory Group, offers his take. Peter Boockvar is the Chief Investment Officer of Bleakley Financial …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “Outlook has deteriorated even more for the Eurozone than for Germany.” While the trade disputes between the US and China loom large for Germany’s export-dependent economy, the developing malaise is broader. The German stock index DAX has dropped …
President Donald Trump plans to meet with his trade team on Tuesday, according to Bloomberg. He reportedly wants to discuss a draft report on European auto tariffs. Trump sees the threat of auto tariffs as a successful negotiating tactic, according …
Sean Higgins for the Washington Examiner reports, Chinese exports rose over the past month even as the Trump administration’s punitive tariffs kick in. https://www.youtube.com/watch?v=ekU6RAgGIlw Read More/Source/Credit/FairUse: https://www.washingtonexaminer.com/po…
by Shaun Richards This morning brings us back to what has been a regular topic in 2018 which has been the US Dollar. Let’s look at it from the perspective of the sub-continent. The rupee weakened further and dipped by …
China has been front-loading exports to the US ahead of a looming rise in tariffs in January. Chinese stocks tumbled today on trade war fears and worries about a slowing Chinese economy. Experts are pessimistic about the outcome of a …
Authored by Carmen Elena Dorobăț via The Mises Institute, As Brexit negotiations approach their initial deadline, U.K.’s plans to renegotiate a quick trade deal with WTO members once it leaves the EU bloc has been met with disdain by some …
Trade war impact deepens across Asia, but 'real economic shock' yet to hit. Activity slows in South Korea, Indonesia; shrinks in Malaysia. Container & bulk rates are already falling. https://t.co/xihZBds4kr pic.twitter.com/e3st8Bo5vq — Holger Zschaepitz (@Schuldensuehner) November 1, 2018 Global earnings …
by Mac Slavo of SHTFplan 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’ …
