Trump Says "Phase One" Of China Trade Deal Reached...
• https://www.zerohedge.com, by Tyler DurdenTrump Says "Phase One" Of China Trade Deal Reached, Tariff Hike Delayed, Enforcement Plan 'Still Being Worked Out'
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Trump Says "Phase One" Of China Trade Deal Reached, Tariff Hike Delayed, Enforcement Plan 'Still Being Worked Out'
Trump Says "Phase One" Of China Trade Deal Reached, Tariff Hike Delayed, Enforcement Plan 'Still Being Worked Out'
Tipping points are funny things in markets and in life in general. Sometimes you see them clearly ahead of time, sometimes only in hindsight. Sometimes you still don't see them even afterwards. But they are there regardless.
Well Friday was fun. Big nasty drop and a vicious rally back up. Standard script right? After all we've all become accustomed to drops not lasting more than a few hours or days no matter what happens in the world.
JPMorgan expects the Fed to ease rates again in October.
- Global Air Cargo Rates Continue To Plummet, Hit 4-Year Low
Now that Greece's bailout program has ended, what are the prospects for economic growth and development in Greece?
European luxury-goods stocks tumbled as data show the pro-democracy protests in Hong Kong are taking an increasing toll on the city's economy, with retail sales crashing by a record amount in August.
In the aftermath of today's surprising WTO decision, in which the global trade mediator sided with the US in finding some $7.5BN in European Airbus subsidies illegal...
Wacky races to the bottom In monetary policy terms, this is now clearly a race to the bottom.
The mainstream are framing the rise of China as a competitor to the US in the same terms as they did the Cold War with the Soviet Union. And, just as the Cold War was a charade facilitated by lend lease and technology transfers, so, too, is the New C
Brexit and UK Prime Minister Boris Johnson suffered yet another setback after the Supreme Court ruled his proroguing of Parliament illegal.
In the classic game of "chicken," two drivers race directly toward each other, and the first to swerve is the "loser."
Economists are already predicting "the world's lowest growth in a decade", but it is beginning to look like what we will be facing will be much worse than that.
Back in April I told you that Germany was a "Dead Economy Walking." Today, I get to tell you that it's legs are gone.
In short, it looks like all hell is breaking loose for the auto industry, which continues to show signs of a profound global recession.
India's central bank just funded a $20 billion corporate tax cut in what appears to be the world's first case of MMT (lite).
In the aftermath of the most dramatic attack on Saudi oil facilities that we have ever seen, the price of oil has exploded higher.
Steve Eisman, the Neuberger Berman portfolio manager of "The Big Short" fame, appeared on Bloomberg TV this week to discuss whether the current global industrial downturn will lead to a global recession, and whether central banks can save the glo
With the market worried that Mario Draghi could surprise hawkishly in his parting announcement...
Hong Kong Exchanges and Clearing, the third-largest stock-exchange group in Asia, has offered to buy the London Stock Exchange for £20.45 a share in cash and 2.495 newly issued HKEX shares in a deal that would spoil LSE's planned merger with data pr
The US administration has stopped talking about soybean-purchase agreements and begun talk of decoupling.
The first round in the Thunderdome goes to bulls as another hopium based rally emerged driven by relief headlines. First on the news that Hong Kong tensions appeared to defuse and then of course another trade optimism inspired ramp triggered by the n
It's not a secret: OPEC has painted itself into a corner by relying exclusively on supply control to be able to manipulate international oil prices in a way that is favorable for its members.
Chinese monetary authorities announced yesterday what will be for some of its banks a seventh round of "stimulus."
Doug Casey's Note: David Stockman is a former congressman and director of the Office of Management and Budget under Ronald Reagan.
Stocks within inches of record highs and bonds within mm of record low yields... and all on the back of a call and a possible round of trade talks in a month...
Unlike prior years, there was a distinct sense of dread and powerless foreboding in this year's Jackson Hole meeting, starting with Jerome Powell's "boring" speech in which he blamed Trump's trade war for the Fed's inability to stimulate the ec
Just one day after stocks tumbled on concerns of an imminent economic recession when the US Manufacturing ISM tumbled below 50 for the first time in 3 years, all fears appeared to evaporate this morning as U.S. stock-index futures surged, erasing alm
Unnaturally Low and negative yield bond yields are wrecking pension plans.