January 15, 2020 | Daily JAM, Morning Briefing |
The United States and China signed a Part 1 trade deal today that contained little in the way of positive surprises and an expected lack of detail. As analysts and economists struggled to fill in the blanks, much of the deeper dive wound up stressing the negatives in...
January 14, 2020 | Daily JAM |
Wednesday is still likely to bring the signing of a Part 1 agreement in the U.S.-China trade war. But the public document is likely to have even fewer details than expected recently and to leave existing tariffs in place until after the Presidential election in...
January 12, 2020 | Daily JAM |
... January 15. It will come right after January 14 and right before January 16. And by the end of the day we'll know whether the United States and China have signed a Part 1 agreement that ends some elements in the trade war between the two countries as President...
January 6, 2020 | Daily JAM |
It's not exactly a confirmation of President Donald Trump's announcement that the Part 1 trade deal would be signed between the United States and China at the White House on January 15. But China has scheduled a high-level trade delegation for travel to Washington...
January 3, 2020 | Daily JAM |
Yesterday the private Markit/Caixin Purchasing Managers Index showed that China's manufacturing sector expanded in December. The 51.5 reading put the sector into expansion territory (anything above 50 marks an expansion) but was slightly below the 51.7 level forecast...
December 23, 2019 | Daily JAM, Morning Briefing, Short Term |
We've got two short weeks coming up--since the New York markets are closed this week for Christmas and next week for New Year's--when trading volumes shrink and it doesn't take much in the way of news to move stocks up or down. I think we got that dose of "sufficient...
December 20, 2019 | Daily JAM, Long Term |
Hengfeng Bank has announced that it will sell 100 billion shares in a private placement to raise cash. This is the third Chinese commercial lender to receive government assistance since May. Investors in the deal will include Central Huijin Investment (60 billion...
December 18, 2019 | Daily JAM, Morning Briefing, Short Term |
The new head of the International Monetary Fund, Kristalina Georgieva, has told China's Caixin Global news service, that she expects the Part 1 agreement to boost China's GDP growth to 6% in 2020. That would be an increase from the IMF's previous projection of 5.8%...
December 16, 2019 | Daily JAM, Morning Briefing |
This morning it doesn't matter that the Part 1 U.S.-China trade agreement isn't signed and that we don't have more than the bare, vague outlines of the deal. This morning it doesn't matter that the smashing Conservative Party victory in the United Kingdom elections...
December 13, 2019 | Daily JAM, Morning Briefing, Short Term |
What if they announced a Part 1 agreement in the U.S.-China trade war but nobody could figure out what if meant if anything? Stocks would go nowhere. The Standard & Poor's 500 gained all of 0.1% today and the Dow Jone Industrial Average matched that big move with...
December 12, 2019 | Daily JAM |
In my set up to this Special Report: 12 Bargain Stocks NOW I laid out the reasons for adding some bargain stocks to a portfolio. (You can find that set up in my Special Report in the Special Reports pane on the home page of JubakAM.com. I'll add these picks to that...
December 12, 2019 | Daily JAM, Morning Briefing |
Today, Thursday December 12, just five minutes after stocks opened for trading in New York, President Donald Trump, tweeted that the U.S. and China are very close to signing a “big” trade deal. “They want it, and so do we!” he tweeted. Of course, last week President...
