May 8, 2019 | Daily JAM, Morning Briefing |
Today U.S. stocks are moving slightly higher as if they believed that talks Thursday and Friday over will see an agreement between the U.S. and China on trade and tariffs rather than a breakdown in the negotiations. As of 2:30 the Standard & Poor's 500 is ahead...
May 7, 2019 | Daily JAM, Morning Briefing |
The Standard & Poor's 500 fell another 1.65% to 2,884.05 today on fears that there would be no agreement this week out of the U.S.-China trade talks and that President Donald Trump's threats to raise tariffs on $200 billion in Chinese exports to the United States...
May 6, 2019 | Daily JAM, Morning Briefing, Short Term |
Here's what's disconcerting about this morning's stock market drop. First, while we do know what caused the selloff--President Donald Trump's Sunday tweet threatening China with higher tariffs on even more exports unless it agreed to a trade deal in the next few...
May 5, 2019 | Daily JAM |
...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...
May 5, 2019 | Daily JAM, Friday Trick or Trend |
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...
May 2, 2019 | Daily JAM, Morning Briefing |
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...
April 9, 2019 | Daily JAM, Morning Briefing, Short Term, Volatility, You Might Have Missed |
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...
March 30, 2019 | Daily JAM, Friday Trick or Trend, JD |
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...
March 20, 2019 | Daily JAM, Morning Briefing |
“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...
March 6, 2019 | Daily JAM, Morning Briefing, Short Term, You Might Have Missed |
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...
March 5, 2019 | Daily JAM, Mid Term, Morning Briefing |
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...
March 4, 2019 | Daily JAM, Morning Briefing |
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...
