Trump's trade war: Why the economy may soon feel the pain
9/21/2018, 9:36:38 PMAmericans may soon pay more for everything from shampoo to bikes, while companies scale back investment ✔ The trade war is balancing on a knife edge, wrote UBS economist Robert Martin in a recent note ✔ Net foreign direct investment in the U.S. -- or total investments through acquisitions and direct stakes in real estate like production facilities and research centers -- has slid every quarter since Mr. Trump was elected in 2016, Adam Posen, president of the Peterson International Institute, noted recently in the publication Foreign Affairs ✔ But most don't support tariffs as a way to prompt better behavior from Beijing
Europe carmakers SUFFER amid burgeoning trade war between Donald Trump and EU
9/21/2018, 9:07:01 PMEUROPE is beginning to suffer amid the developing trade war between Donald Trump and the EU with factory growth stagnating this month. ✔ Automakers are Europe’s worst performing sector over the past six months (Image: GETTY) The French Ambassador to the US also warned that Mr Trump may not be patient enough to undertake long negotiations on trade with the European Union and scrap any possible deal to issue crippling tariffs against the EU28
Japan eyes bilateral US talks as a way to avert car tariffs
9/21/2018, 10:13:26 PMTokyo models strategy on EU's Trump tactics as trade war nears its shores ✔ Entering into tariff negotiations will be preconditioned on the U.S. freezing additional auto duties ✔ Japanese carmakers stand to lose half their profits if Trump goes through with his threatened 25% tariff ✔ Try 3 months for $9 Offer ends September 30th
China BLASTS US for imposing sanctions on military saying it will 'bear the consequences'
9/21/2018, 9:58:38 PMCHINA has blasted the US after it imposed sanctions for buying Russian weaponry saying it will “bear the consequences” as the burgeoning trade war continues. ✔ The US State Department said in a statement: Today's actions are not intended to undermine the military capabilities or combat readiness of any country - but rather to impose costs on Russia in response to its interference in the United States election process, its unacceptable behaviour in eastern Ukraine, and other malign activities
PRO Talks: GMO's Catherine LeGraw talks emerging markets, trade tensions and valuations
9/21/2018, 8:13:23 PMGMO Asset Allocation strategist Catherine LeGraw shared her thoughts on where investors can find the best deals globally in an exclusive interview for CNBC PRO with Mike Santoli. ✔ She recommended stocks in Europe, Asia and Japan as well as emerging markets instead of paying a massive premium for the U.S. market ✔ She also noted that a value strategy may be better than a growth play despite recent gains in the technology sector, an industry marked by reinvestment and lower dividends ✔ As of March 2018, GMO had $71 billion in assets under management
S&P 500 fails to match Dow with back-to-back record highs
9/21/2018, 8:44:14 PMundefined ✔ The diverging performance of the telcos and tech sectors reflected the anticipated changes to the Global Industry Classification Standard (GICS) classification system, the biggest such overhaul since its inception in 1999 ✔ The yield on the benchmark 10-year US Treasury was 1.3 basis points lower at 3.0646 per cent
Week ahead: Fed, Kavanaugh, US data
9/21/2018, 8:43:43 PMundefined ✔ Beyond the hike and press conference, we think the summary of economic projections is likely to garner outsized attention ✔ While we see scope for a dovish response from markets, we do not think a negative print will affect the BoC hike in October given the transitory nature of the pullback and its muted expectations for Q3 growth, strategists at TD Securities, said
GMO asset allocation expert on how investors can avoid 'massive premium' on US stocks
9/21/2018, 8:39:47 PMThe recent rally to record highs in U.S. stocks may feel like reason to celebrate, but investor suggests a better bet may be overseas. ✔ But the obsession with U.S. growth stocks leaves behind far better deals overseas, LeGraw said ✔ Even if you think growth is going to be great in the future, you have to pay a massive premium to invest in U.S. stocks today, she said ✔ As of March 2018, GMO had $71 billion in assets under management ✔ See here for the full CNBC PRO report and interview video
China resumes graft purge as top officials targeted
9/21/2018, 9:30:57 PMLatest target is one of few high-ranking ethnic minorities and was rising star ✔ Wang has been disciplined for abuse of power and reading foreign books and periodicals described as having contents that present serious political problems, according to the official government news agency Xinhua ✔ Try 3 months for $9 Offer ends September 30th
Dow hits another all-time high on mixed day for US stocks
9/21/2018, 10:58:02 PMWall Street capped a milestone-setting week Friday with a mixed finish for the major U.S. stock indexes and the second all-time high in two days for the Dow Jones Industrial Average. ✔ Beijing has said it would retaliate by imposing tariffs of 5 or 10 percent on $60 billion of U.S. goods including coffee, honey and industrial chemicals ✔ 14, 2018, file photo specialist Meric Greenbaum, left, and trader Gregory Rowe work on the floor of the New York Stock Exchange ✔ The U.S. stock market opens at 9:30 a.m. EDT on Friday, Sept
Prep Your Portfolio for the Fourth Quarter
9/21/2018, 8:51:38 PMReview holdings now to shape your investing strategy through year's end. ✔ After stumbling in the early months of 2018, the market is back on solid footing ✔ In terms of specific defensive sectors, Spika says consumer staples and health are good place to invest, as they tend to have low economic sensitivity ✔ If there’s no justifiable added benefit for paying higher fees, seek a more cost-effective option
Cramer Remix: These two factors could be enormous for Micron
9/21/2018, 11:29:47 PMJim Cramer explains how a demand for Micron's chips combined with its buyback could send the company soaring. ✔ As the three-year deals come closer to their renewal dates, however, the Linux business should turn up, the CEO said ✔ Hit him up! Mad Money Twitter - Jim Cramer Twitter - Facebook - Instagram - Vine Questions, comments, suggestions for the Mad Money website
Cramer's game plan: Internalizing tariffs and getting ahead of good quarters
9/21/2018, 10:27:51 PMJim Cramer shares his game plan for the week ahead and explains why tariffs may not weigh on stocks as much as investors think. ✔ The reason for the record highs in the S&P 500 and Dow Jones Industrial Average is staring investors in the face, CNBC's Jim Cramer said on Friday ✔ Cramer warned that the tariff statement might be a bit jarring ✔ Comcast is the owner of NBCUniversal, parent company of CNBC and CNBC.com
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