Blog

Posts Tagged ‘U.S.-China trade war’

Market struggled to find direction Thursday; I don’t expect much direction ahead of the weekend

Up 0.43% at 10:12 a.m. on Thursday, the Standard & Poor's 500 index was down by 0.28 by 11.:20 am. Then up again by 0.41% by 12:06 p.m. And down again by 0.03% at 3 p.m. The index rallied into the close, getting as high as 2854.38 at 3:53 before closing a 2847.60, a gain […]

To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the site. And we'll throw in the first week free! If you change your mind during that first week, just cancel your subscription from your profile page, and you won't be billed anything.

Latest figures show U.S. farmers taking big hit from Trump trade war with China–just what the U.S. economy doesn’t need

A U.S. economy facing the possibility of a slowdown sure doesn't need troubles in the Farm Belt. But that's exactly what the farm sector is seeing. New figures from the U.S. Department of Agriculture show that farm income in 2018 was about 50% of what it was in 2013. And thanks to the Trump administration's trade […]

To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the site. And we'll throw in the first week free! If you change your mind during that first week, just cancel your subscription from your profile page, and you won't be billed anything.

The drop in job openings worries me more than an inverted yield curve

The Dow Jones Industrial Average closed down 800.49 points today, or 3.05%; the Standard & Poor's 500 finished 2.93% lower; and the NASDAQ Composite lost 3.02%. One reason for the plunge was an intraday inversion in the Treasury yield curve with the yield on the 10-year Treasury dropping below the yield on the 2-year Treasury.(For […]

To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the site. And we'll throw in the first week free! If you change your mind during that first week, just cancel your subscription from your profile page, and you won't be billed anything.

Stocks fall in wave of bad news–but hold up better than expected (all things considered)

As of noon today New York time, the Standard & Poor's 500 and the Dow Jones Industrial Average are both down 2.42%. The NASDAQ Composite is lower by 2.78%. The Russell 2000 small cap index has tumbled 2.66%. And the iShare MSCI Emerging Markets ETF (EEM) has dropped 2.59% Which is actually a better performance […]

To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the site. And we'll throw in the first week free! If you change your mind during that first week, just cancel your subscription from your profile page, and you won't be billed anything.

Market rallies: Nothing matters but tariffs

Just in case you were wondering: Nothing matters to the stock market except tariffs. I think today's trading proves that. This morning the Trump administration announced that it would delay new 10% tariffs on $300 billion in Chinese goods set to go into effect on September 1 until mid-december for an unspecified list of Chinese […]

To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the site. And we'll throw in the first week free! If you change your mind during that first week, just cancel your subscription from your profile page, and you won't be billed anything.

Names may never hurt me but they sure count in the U.S.-China trade war

The United States has called China a "thuggish regime" after the country labelled a U.S. diplomat who met with Joshua Wong, a Hong Kong pro-democracy activist, a "black hand." Along with charges that the meeting showed the United States was behind the Hong Kong protests-- which recently concluded their 10th weekend of mass demonstrations, official […]

To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the site. And we'll throw in the first week free! If you change your mind during that first week, just cancel your subscription from your profile page, and you won't be billed anything.

Saturday Night Quarterback says, For the week ahead expect…

... well, expect that nothing much else  will matter if the yuan-dollar exchange rate moves noticeably up or down this week. In a normal week, investors and traders would be studying reports on inflation (CPI), retail sales, initial claims for unemployment, oil inventories, and housing starts. But all that news will play second fiddle (if […]

To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the site. And we'll throw in the first week free! If you change your mind during that first week, just cancel your subscription from your profile page, and you won't be billed anything.

A fine volatility this is–just kind of strange

This post should be song to the tune of "A Fine Romance." (It helps if you can dance like Fred Astaire. Or sing like Ella.) "A fine romance, with no kisses A fine romance, my friend, this is We should be like a couple of hot tomatoes But you're as cold as yesterday's mashed potatoes […]

To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the site. And we'll throw in the first week free! If you change your mind during that first week, just cancel your subscription from your profile page, and you won't be billed anything.

The stock market seems resigned to a long delay in U.S.-China trade talks

This morning President Donald Trump said that talks with China planned for next month could be called off.   “We’ll see whether or not we keep our meeting in September,” Trump said as he left the White House for a fundraiser in the Hamptons. “If we do, that’s fine. If we don’t, that’s fine.” What's interesting […]

To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the site. And we'll throw in the first week free! If you change your mind during that first week, just cancel your subscription from your profile page, and you won't be billed anything.

People’s Bank signals that yuan devaluation will be orderly

U.S. stocks rallied strongly today, Thursday, August 8, after the People's Bank of China set its daily reference rate for its currency at 7.0039 to the dollar. That was stronger than the 7.0156 yuan to the dollar overnight estimate of 21 analysts and trader surveyed by Bloomberg. (The bank sets a middle point for the […]

To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the site. And we'll throw in the first week free! If you change your mind during that first week, just cancel your subscription from your profile page, and you won't be billed anything.