Skip to main content

Trade War - SERIES 68 {13 articles}

Chinese soy buyers tour U.S. farm as trade war drags on


A delegation of Chinese soybean importers toured a Missouri farm on Tuesday, climbing one-by-one into the cab of a John Deere combine before loading into a bus for a quick drive to a nearby soybean field to eye nearly ripe soy plants. ✔ Even small deals for U.S. soybeans to China may be elusive during this week’s gathering ✔ This week it will be very difficult to finalize any business, but we can talk the market and exchange views on the market, said a Chinese buyer for a top-five crusher in the country ✔ Our Standards:The Thomson Reuters Trust Principles

Jack Daniel's maker is planning to raise prices because of tariffs


The trade war is coming for American bourbon. ✔ Chief Operating Officer Lawson Whiting explained that in the past few months, the company was able to offset much of the tariff burden with extra profit from the new tax law ✔ Notably, cars could end up costing thousands of dollars more than they do now

It's time for investors to go on the defensive


Liz Ann Sonders, chief investment strategist at Charles Schwab, thinks investors are too complacent. ✔ Investment strategist: Economic cycle entering late phases Investors can't afford to be complacent ✔ Escalating trade tensions could slow the market, she said ✔ Hosted by CNNMoney editor-at-large Richard Quest and others, the 15-minute program features incisive commentary from experts

Small Stocks Hang On to Big Gains, for Now


Soaring profits at smaller publicly traded companies are driving the Russell 2000 to new records as investors bet U.S. economic strength will boost smaller companies while trade frictions hit their multinational counterparts. ✔ For now, investors are betting that the tit-for-tat trade spat between Washington and Beijing and other allies will continue to have a bigger impact on multinational companies that get revenue from overseas, compared with smaller companies ✔ The S&P 600 index is trading at about 18.3 times forward earnings, a peak for the year

China's top 2 brewers toast strong first-half earnings


Brisk sales of high-margin premium beers offset slow overall growth ✔ Though sales volume fell, sales of premium brands like Globe Trekker, released this spring, drove the overall results ✔ CR Beer and Dutch brewer Heineken will merge their Chinese operations ✔ The industry may be derailed from its first production increase in five years as brewers focus on quality over quantity to survive

Tech rally helps push Wall Street deeper into record territory


undefined ✔ Sentiment appears to be buoyed by a trade agreement between Mexico and the US, which has driven speculation that the trade war could simmer down even though Canada’s participation in the Nafta revamp remains uncertain ✔ The bond market is trading at levels consistent with an imminent recession, he said

Jack Daniel’s maker Brown-Forman cuts earnings guidance on tariffs


undefined ✔ Lawson Whiting, the company’s chief operating officer and incoming chief executive, said in a statement: There remains significant uncertainty around the duration of recently enacted tariffs, but we have been encouraged by the resilience of our business model as we are working to minimise short-term disruption and maintain our top-line momentum

Corporate earnings climb 7.7%, reflecting tax windfall and strong economy


The gain was the most since 2014 and is reflected in the stock market's record highs and a spree of share buybacks. Businesses are also putting the cash to use, boosting spending on equipment, structures and other nonresidential fixed investment. ✔ That’s the takeaway from corporate America’s second-quarter earnings ✔ estimating that companies in the S&P 500 index will authorize $1 trillion in stock buybacks in 2018, a record and a 46% jump from last year ✔ The big question is whether companies continue to be as enthusiastic about investing and employment, given the headwinds from a trade war and a fading benefit from the tax stimulus

Jim Paulsen: 4% economic growth for much longer might actually be a negative for stocks


The best quarterly economic growth in four years may be "too good" and lead to an eventual market drag, the Leuthold strategist says. ✔ President Donald Trump has made boosting the economy a cornerstone of his time in the White House and a benchmark of success for his economic policies, including corporate tax cuts and business deregulation but also a trade war with China and trade skirmishes with U.S. allies

Six months after the last big move, traders are getting ready for another round of volatility soon


Traders are anticipating that the relative calm that has pervaded the market throughout the summer is about to come to an abrupt end. ✔ It's not exactly February-style volatility, where the VIX peaked out near 40, but it does represent a substantial change in conditions ✔ In all, Bianco predicts a 5 percent to 9 percent downturn for the S&P 500, but worse than that is also a possibility given the uncertainties

U.S. second-quarter GDP growth raised to 4.2 percent


U.S. economic growth was a bit stronger than initially thought in the second quarter, notching its best performance in nearly four years and putting the economy on track to hit the Trump administration's goal of 3 percent annual growth. ✔ WASHINGTON (Reuters) - U.S. economic growth was a bit stronger than initially thought in the second quarter, notching its best performance in nearly four years and putting the economy on track to hit the Trump administration’s goal of 3 percent annual growth ✔ Stocks on Wall Street were trading higher, with the S&P 500 .SPX hitting a record high ✔ The dollar .DXY was little changed against a basket of currencies while prices of U.S. Treasuries mostly fell ✔ Our Standards:The Thomson Reuters Trust Principles

Trump keeps threatening tech companies, but he’s terrible at following through


The Trump administration has gone up against tech companies with harsh immigration limits and erratic trade policy. But his recent tirade against Google’s search results is a less-than-credible threat. ✔ Photo by Chip Somodevilla/Getty Images Yesterday, President Donald Trump tweeted that Google search was artificially promoting left-wing media writing negative stories about him ✔ Facebook has come under fire from other sources, as conservative politicians have repeatedly accused the company of censoring or artificially deflating traffic to conservative pages, although those claims are often tenuous

Canada stunned and worried about Trump trade threats


TORONTO (AP) — It started with President Donald Trump's attacks on Canadian dairy farmers. Then Washington slapped tariffs on Canadian steel, citing national security. There was t ✔ Now it's a new North American free trade agreement that excludes America's northern neighbor ✔ Perhaps the clearest indicator that the market is viewing the U.S.-Mexico deal as a positive for Canada is the strengthening of the Canadian dollar, Porter said ✔ We continue to be optimistic about the progress that we can make this week, she says

>>> Open This Series
Labels:

Comments

Post a Comment

Popular posts from this blog

Trade War - SERIES 323 {14 articles}

China stocks gain on trade war hopes 11/2/2018, 6:42:02 AM It follows possible signs of progress on resolving a bitter trade battle between the US and China. ✔ Skip Twitter post by @realDonaldTrump Just had a long and very good conversation with President Xi Jinping of China ✔ Separately, the South China Morning Post - also citing unnamed sources - reported that Mr Trump had offered to host a dinner for the Chinese president after the G20 summit Japan carmakers’ weapon in trade war: Flexible factories 11/2/2018, 4:14:28 AM SMYRNA, Tennessee--At points along the assembly line at Nissan Motor Co.’s largest U.S. factory, wor ✔ ‘PEOPLE ARE MORE FLEXIBLE’ Using one assembly line to build a variety of different body styles requires careful coordination that starts with the engineers who design the vehicles, and extends to the construction of the tools used to weld and assemble them Wine industry could be next victim of US, China trade war 11/2/2018, 4:42:35 AM In April,...
Post a Comment
Read more

War Countries - SERIES 412 {15 articles}

Riyadh must be pressed to end its war in Yemen 11/14/2018, 10:44:28 AM undefined ✔ The kingdom’s de facto leader had already proved ruthless in his treatment of critics and rivals ✔ The kingdom’s stability and role in countering Iran are seen as vital ✔ The immediate priority is to halt the fighting and ensure access for aid deliveries to prevent millions from starving The hidden toll of American drones in Yemen: Civilian deaths 11/14/2018, 9:56:45 AM Investigation by the Associated Press finds that more than 30 killed in drone attacks in 2018 were not al-Qaeda members. ✔ The group withdrew from areas it controlled in the south but was allowed to keep weapons and money under secret deals it struck with the United Arab Emirates, a coalition member ✔ The first was in 2009 in the southern village of al-Majalah ✔ Mistakes happen from bad intel or misjudging behaviour, he said ✔ WATCH: What can a UN investigation achieve in Yemen What game is Russia playing in Afghanistan? ...
Post a Comment
Read more

Trade War - SERIES 132 {10 articles}

The worst case scenario of a US-China trade war could be a new bear market: Data 9/16/2018, 7:16:18 PM Running a series of different scenarios in the U.S.-China conflict, experts at FactSet have come up with a worst-case scenario, one in which the U.S., along with a few others, would see a bear market emerge. ✔ Trade war stress test for stocks Click to edit Optimistic Base case Conservative All countries -8.34 -12.11 -16.97 5 Best Japan 4.44 6.61 7.46 Switzerland -2.46 -2.27 -5.23 Denmark -3.21 -2.73 -6.27 Portugal -3.49 -3 -6.12 Netherlands -3.68 -3.29 -7.04 5 Worst Hong Kong -9.28 -15.7 -21.93 UK -9.57 -12.84 -19.45 U.S. -10.83 -16.45 -21.88 Canada -10.97 -15.25 -21.94 Israel -13.44 -19.05 -27.01 Source: FactSet In the event of the trade war continuing, investors fleeing from stocks would be looking for safe havens like bonds Crunch time: could Trump and China test in...
Post a Comment
Read more

War Countries - SERIES 382 {10 articles}

Honoring veterans on Veterans Day 11/9/2018, 2:42:52 AM Veteran’s Day had its origin at the end of World War I in 1918, a conflict so horrendous that it was dubbed “the Great War” or “the war to end all wars,” with the United States playing the decisive role in the Allied powers final victory. ✔ It went into effect on the 11th hour of the 11th day of the 11th month in 1918, after some 20 million people from both sides had given their lives in the war effort ✔ Not surprisingly, the number of veterans who turn out to vote has been consistently higher than non-veterans by 16 percent to 30 percent ✔ His father, a World War II veteran, is 95 years old The wargame that could have ended the world 11/9/2018, 1:20:32 AM A military exercise staged 35 years ago this week almost triggered World War Three. Previously secret documents now reveal what happened. ✔ On 7 November 1983, around 100 senior military officers gathered at Nato headquarters in Brussels to ‘fight’ World War Three ✔...
Post a Comment
Read more

Travel - SERIES 389 {41 articles}

Growing consensus: Thanksgiving will be busiest ever for air travel 11/14/2018, 1:45:57 PM There’s growing consensus: This will be the busiest Thanksgiving ever for air travel. The busiest day? Airlines says it will be the Sunday after the holiday. ✔ A4A projects a record 30.6 million passengers will travel on U.S. airlines during a 12-day window around Thanksgiving ✔ TODAY IN THE SKY : From barf bags to dinnerware, airline memorabilia shows have it all Passengers arrive for their flights at Chicago O'Hare International Airport on Nov. 23, 2016 Watch from the cockpit as pilot expertly lands plane in torrential thunderstorm 11/14/2018, 3:24:09 PM DRIVING a car in a thunderstorm is hard enough – let alone landing a plane. A video shows a pilot and his co-pilot managing to land a plane during a terrifying thunderstorm in Palma de Majorca in S… ✔ The airport’s weather forecasters are based in the airport's operational control centre in Heathrow's head office and ...
Post a Comment
Read more