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....
China is working on its own black list in retaliation for U.S. ban on Huawei
The U.S. has required that Chinese telecom giant Huawei get a waiver before it can buy any U.S. technology, such as chips from Qualcomm (QCOM) and Broadcom (AVGO). And the U.S. government has threatened to slap those same restrictions on five Chinese companies that...
The importance of the 5% tariff that President Trump just slapped on Mexico is way bigger than the number suggests
It's only 5%, Wall Street is saying today in what clearly sounds like an effort to convince itself when investors really know better. That unconvincing "happy talk" is why the Standard & Poor's 500 index was down only 1.24% at the close today, May 31. (I say...
Today it’s all trade war news all the time
Sometimes it's better to just weigh the news rather than try to analyze it. And that certainly seems to fit today's market action. Even though the major U.S. indexes managed slight gains as of the close today--the Standard & Poor's 500, for example, was ahead...
Bond traders test the Powell Put today
U.S. stocks dropped again today with the Standard & Poor's 500 index closed down another 0.69% to 2783.03. U.S. Treasury bonds rallied with the price of the 10-yer bond up enough to push the yield down to 2.21% for a drop in yield of 26 basis points in the last...
No news is good news so far this weekend
U.S. financial markets are closed today for Memorial Day. (Can't help but think of my Dad who climbed telephone poles to string wire during World War II. "While they shot at me," he would say with a mixture of surprise and outrage. I'm sure you have someone(s) to...
Saturday Night Quarterback says, For the week ahead expect…
... a test of 2800 on the Standard & Poor's 500. The index ended last week a 2826.66 but touched as low as 2820.46 at 11:17 a.m. New York time. It took the markets a while to push over 2800 and stay there with unsuccessful attempts on October 16, November 7, March...
Trick or Trend: Can you imagine a worse week for oil markets?
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. This past...
Further lowering China exposure in my portfolios
This morning Wall Street is buzzing with talk that the U.S.-China trade war could stretch on to 2035. I think there's just about no chance of that. But we aren't looking at the quick resolution of the dispute that seemed possible just 10 days ago. And we are looking...
Stocks routed on shift in trade war sentiment
You're entitled to feel whiplashed today. Just a few days ago, on May 16, stocks rallied on speculation that trade talks would resume relatively quickly and that the United States and China, rhetoric and tariff increases aside, would find a way within weeks to end...
The next escalation in the U.S. trade war looks to 5 more Chinese technology companies
The Trump administration is considering applying Huawei-level sanctions to five more Chinese technology companies in the video surveillance sector including Megvii, Zhejiang Dahua Technology, Hangzhou Hikvision Digital Technology, Meiya Pico and Iflytek. The sanctions...Jim’s Stock Alerts
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