Saturday Night Quarterback says (on a Sunday), For the week ahead expect…
...consternation at President Donald Trump's Sunday tweet that he will raise tariffs on $200 billion in Chinese exports to 25% from 10% on Friday and add $325 billion in new Chinese goods that will face the higher 25% tariffs. The 25% rate was most recently scheduled...
Trick or trend: Crucial pivot point approaches for U.S.manufacturing
Our regular (or occasional or perhaps occasionally regular) Friday series (actually running on Sunday 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. This week's...
Confusion about state of trade talks with China takes a bit of froth off stocks
So are talks going well, as U.S. officials including Treasury Secretary Steve Mnuchin are claiming? Mnuchin has sad that a deal could be announced within the next two week. Or have talks hit an impasse as such official Chinese government media outlets as The Global...
Now it’s the European Union on the trade war front lines
Just in case you were worried that global trade wars were in any danger of calming down, today you can relax. Trade hostilities with the European Union are heating up. On Monday the Trump administration said it would impose tariffs on $11 billion in imports from the...
Trick or Trend: Real progress in U.S.-China trade talks?
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. We've heard...
Too much China noise and not much actual news
“Talks with China are going very well,” President Donald Trump said yesterday, March 19, at a press conference on Tuesday. Well, probably not. But who really knows. Which is making global financial markets rather twitchy. Yesterday a Bloomberg report the China was...
U.S. trade deficit soars: I think that makes a U.S.-China trade deal more likely
In December the U.S. trade deficit widened to $59.8 billion from a revised $50.3 billion in November. Economists surveyed by Briefing.com had projected a December deficit of $57.8 billion. The December deficit is the widest monthly deficit since October 2008 during...
China tweaks growth target lower to 6%-6.5% from last year’s 6.6%
Against the setting of the National People's Congress, which opened today, China's leaders announced that the growth target for the economy in 2019 would be 6%-6.5%, down slightly from the 2018 target of 6.6%. That dip is significant since the Chinese Communist Party...Stocks rethink China bounce
Stocks started off the day rallying on speculation that a U.S.-China trade deal was near conclusion. Market consensus was that the deal would be signed by President Donald Trump and President Xi Jinping by the end of March. The United States would lift tariffs on...
I’m thinking of selling some of my China positions. But when?
As of the close on March 1, the Shanghai Composite was up 14.35% for the last month. That's super for an economy that's swimming in bad debt and facing a slowing global economy and lagging export demand. I think it's fair to say that the rally in Chinese stocks has...
China rally or speculative balloon?
As of today, February 27, the Shanghai Composite is up 13.53% in the last month. The beginning of a sustained turnaround or another speculative balloon ready to pop? It's too early to tell, unfortunately. The factors that could be inflating a speculative balloon are...Jim’s Stock Alerts
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