Mid Term
Trick or Trend: China’s economy slowed in May but I don’t think that brings us closer to an end to the trade war
Our regular (or occasional or perhaps occasionally regular) Friday series (actually running on Friday this week) Trick or Trend looks at what might (or might not) be emerging investible trends. Exclusively on JAM. This post won't run anywhere else. Ever....Are both Trump and Xi in danger of misreading the politics of the trade war?
Granted it's only a song. But "Trade War," an ultrapatriotic trade war song, is going viral in China. (And please remember that nothing goes viral on social media in China these days unless the government wants it to go viral.) The song by retired Chinese official...
What if they started a war in the Middle East and nobody noticed? (For a while anyway)
What if they started a war and nobody noticed? That's not a random "If a tree falls in a forest...) philosophical question. We moved closer to a shooting war in the Persian Gulf today and with all eyes trained on the U.S.-China trade war, the conflict where somebody...
Market falls as China retaliates for U.S. tariff hike on Friday
On Friday, the Trump administration raised tariffs on $200 billion in Chinese exports to the United States to 25% from 10%. The move, the administration said, was in response to Chinese efforts to walk back provisions the country had agreed to, according to the White...
Is China the Bizarro Goldilocks market with more downside ahead?
We're all used to the U.S. Goldilocks market. Growth is just enough but not so hot that it spurs inflation or convinces the Federal Reserve to raise interest rates. And so stocks keep climbing. China has its own version of the Goldilocks market--but it's a...Another analyst capitulates to “fear of being left out”
If this market runs out of bears, I think it's in trouble. And today one of the market's few remaining bears capitulated to the rally. Wells Fargo’s head of equity strategy Christopher Harvey hiked his year-end price target for the Standard & Poor's 500 Index to...
Official figures show improvement in China’s economy in March
China’s economy expanded at 6.4% year over year. That beat the 6.3% expected by economists surveyed by Briefing.com. That projected 6.3% growth itself marked a step up in optimism about China’s economy.
Are central banks losing their credibility with the financial markets?
Something happened at the end of March that we all need to pay attention to. By this point in the aftermath of the global financial crisis, we're immune to wonder at the existence of government bonds with negative yields. Why would anyone in their right minds pay a...
Recessions are built on negative shifts in sentiment so today’s news isn’t good
The Bloomberg Consumer Comfort Index fell to 58.9 from 60 in the week ended March 31, according to a report Thursday. That's an eight-week low. Survey respondents’ sentiment on their personal finances posted the steepest two-week drop since 2015. All three main...
The world’s bond markets stop to think about whether the rally has gone too far
It's all my fault. I go away for two days to tour colleges with my daughter, and global bond markets soar as everybody in the world decides to seek safety simultaneously. Today's pause has very little to do with my return to my desk. The rise in bond prices has been...Global trade growth continues to slow in three months through January
The figures are short-term and tentative but the trend isn't good. Global trade volume fell 1.8% in the three months through January from the previous three months, according to the World Trade Monitor from the statistics office of the Netherlands. That's the biggest...Jim’s Stock Alerts
Download Jim’s eBook for Free
