Three times, the Dow has tried to beat its October 2018 high of 2,680. And three times, it has failed. This ‘triple top’ formation is a bad sign.
The stock market was rattled after Donald Trump threatened to raise tariffs on Chinese goods.The Chinese replied with silly threats of their own.
As Trump continues to starve China of dollars, the Middle Kingdom might become more desperate. China will either cave to America’s terms, or they will have to radically change how they do things.
Trump doesn’t seem to be backing down. He’s got more tariffs at the ready, expected to be launched by Friday. China, on the other hand, is putting on a brave face.
Bass says China has a whole lot of debt, is chock-full of bad loans. And with fewer American dollars reaching Chinese shores, the Chinese central bank has less firepower to prevent things from getting ugly.
To our north, a dragon is dying. The Chinese machine is grinding to a halt…much to the surprise — and chagrin — of economists.
Today we start a new Lunar Year — the Year of the Pig. They say 2019 is a good year to make money and to invest, because the pig attracts success.
It might be years, maybe even decades, before we see another black swan. That’s what China’s hoping for at least…
Untying the US economy from China is not possible. The relationship is sick…but symbiotic. The US provides the fake money. China provides the cheap stuff.
China, the global growth engine of the past decade, is slowing…under the weight of debt, trade war and that other indisputable force…
What happens when one country gets jealous of another country’s advantage? What happens when China wants to be India and Australia wants to be Japan?
Trump is at war with the US Federal Reserve over the issue of interest rates. How high is too high? And how low is too low? Here’s the inconvenient truth.
New tariffs will make it more expensive for China to import waste material from the US to recycle. Yet this comes at a time when the recycling industry is already in trouble.
In many respects, China is far more digital than the West. Their ecommerce industry is just as big, and potentially more important.