China’s Shanghai market has given back all its gains since 2014
Overnight--and that means before the latest saber rattling today from Washington and Beijing--the Shanghai Composite Index dropped another 1.1% to 2651.79. That took the market below the January 2016 bottom of one of the market's worst ever routs. The Shanghai index...
It was a He said; Xi said market today
For much of today U.S. stocks were locked in a slightly negative range as investors and traders vacillated from fears that the Trump administration would impose a new set of tariffs on $200 billion in Chinese goods and the hope that Chinese leader Xi Jinping would...
Saturday Night Quarterback says, For the week ahead expect…
...U.S. stocks to move in lockstep with news from the U.S.-China tariff war. As the last week emphatically demonstrated, right now U.S. stocks go up on days when there's news that suggests the two sides will resolve their conflict short of an all out war. This past...
China retail sales modestly beat expectations for August
Retail sales rose 9% year over year in August, China's National Bureau of Statistics announced today. That was a modest but important pick up from the 8.8% rate in July. Economists surveyed by Briefing.com were looking for a 8.8% growth rate in August. Industrial...
What if China actually welcomes the Trump administration’s tariffs?
China trade hardliners in the Trump administration, such as advisor Peter Navarro, have predicated their tariff campaign against China on the theory that hiking tariffs on more than $500 billion in Chinese exports to the United States (as proposed at the moment) will...
White House talk of tariffs on an additional $267 billion in Chinese goods ends “breather day”
Markets started off today as if they were determined to take a breather from a week of worry that the emerging markets crisis was about to spread to developed markets. In morning trading the Standard & Poor's 500, the NASDAQ Composite, and the iShares MSCI...
U.S. trade deficit climbs in July, deficit with China hits a record
Today, Wednesday September 5, the Department of Commerce reported that the U.S. trade deficit climbed to $50.1 million in July. (Economists surveyed by Bloomberg had projected a deficit of $50.2 billion.) That was up from $45.7 billion in June and the largest increase...
Saturday Night Quarterback says (on a Sunday) for the week ahead expect…
...a two potentially market-moving announcements on trade and one on jobs. On Wednesday, September 5, the government will report the trade deficit for July. At some moments, this wouldn't be a market-moving number, but right now with the Trump administration arguing...
Trick or trend: For September it’s deja vu all over again
Our regular (or occasional or perhaps occasionally regular) Friday series ( actually running on Saturday 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. Global...
White House lines up another $200 billion in China tariffs for next week
Just in case you were worried that the days after the Labor Day market holiday might be boring, well, worry no more. Sources in the White House are saying that President Donald Trump plans to move on tariffs on an additional $200 billion in Chinese imports quickly...
Asia rally on Mexico-U.S. trade announcement fades
Optimism engendered by yesterdays announcement of a preliminary trade agreement between Mexico and the United States initially drove Asian stock markets higher overnight. The Shanghai Composite, for example, climbed 10 points to 2791 in the first half hour of trading....Jim’s Stock Alerts
Download Jim’s eBook for Free
