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Trade War - SERIES 269 {15 articles}

Trade war headwind blows into China's face

10/19/2018, 10:23:44 PM
GDP growth slows to decade low as production and investment shrivel ✔ The trade war is decreasing Chinese production of mainstay products like smartphones and robots while making companies think twice about investing in the country ✔ The factory is mostly closed and no workers are here, the court-appointed administrator of Shandong Yongtai Group, a tiremaker that went bankrupt in August, said last month at its main factory ✔ Notably, growth dropped 0.2 percentage point from the April-June period



China's economic growth slows to its lowest pace since early 2009 - Los Angeles Times

10/19/2018, 5:10:27 PM
China's economy is growing at the slowest pace since the depths of the financial crisis, according to official data that heightens pressure on the leaders in Beijing navigating a trade dispute with the United States. And that doesn't even include trade-war effects, many economists say. ✔ The slower but still strong headline growth masks the increasing drag from domestic financial vulnerabilities and the expanding trade war with the U.S. This month, China's central bank took a reverse step from its stated goal of tightening monetary policy by cutting banks' reserve requirements for the fourth time this year and injecting more cash into the economy



Dow Gains 65 Points, but It was Still a Miserable Friday

10/19/2018, 10:16:20 PM
The major indexes finished well off their highs, despite big gains from Procter & Gamble and PayPal. And trade is becoming a bigger issue. ✔ It is hard to be downbeat on a Friday, but the market sure tried ✔ At least PayPal and Procter & Gamble got investors excited with jumping more than 8% ✔ Assuming a full-blown trade war with 25% tariffs on all U.S.-China trade, the S&P 500 is likely to take a 3% hit in 2019, according to Deshpande



Donald Trump Says Economy Is Great. But Most People Say They're No Better Off

10/19/2018, 6:34:27 PM
Half of female respondents reported feeling more fearful, compared to 30% of men. ✔ President Donald Trump frequently boasts about his administration’s accomplishments, especially when it comes to the economy ✔ Over 65% of respondents feel the same or more fearful about their financial opportunities under the Trump administration, the report said



Small-cap stocks are getting hammered — three experts debate what to do next

10/19/2018, 8:21:33 PM
The small-cap Russell 2000 index has seen better days. The group of stocks has fallen into a correction, and is currently on track for its worst month since January 2016. Here's what three experts have told CNBC in the last week about the move. ✔ Small-cap stocks have been getting hammered Six experts debate what to watch next    35 Mins Ago | 04:57 The small-cap Russell 2000 index has seen better days ✔ Here's what three experts have told CNBC in the last week about the move ✔ And it's because the fundamentals haven't kept up with the large caps



The Real Problem With China’s Falling Stocks May Be Real Estate

10/19/2018, 6:31:19 PM
China stocks hurt by U.S. tariffs affect a narrow sliver of the population. But a crisis of confidence could easily infect a bubbly property market. ✔ For her, that means time to pounce on young growth companies like wealth manager Noah Holding (NOAH) or data-center operator 21Vianet (VNET) ✔ The government is doing the right thing, he concludes ✔ Scattered protests are already emerging as prices show signs of cooling



California unemployment rate drops to a new record low: 4.1% - Los Angeles Times

10/19/2018, 5:39:07 PM
California’s unemployment rate ticked down to 4.1% in September from 4.2% the previous month — the lowest rate in 42 years, according to the state’s Employment Development Department. Payrolls in the state grew by 13,200 jobs compared with August. ✔ August’s job growth was revised down slightly to a still-strong gain of 42,600 ✔ The data show an economy that has finally climbed back from a catastrophic recession, even as it faces new challenges with an escalating U.S.-China trade war and high housing costs that have left many residents in poverty



China moves quickly in bid to counter sharp slowdown in economy

10/19/2018, 6:19:34 PM
Vice-premier and central bank governor intervene as GDP grows at lowest rate since 2009 ✔ She said the trade war with the US, which has seen Washington impose extra tariffs on more than $200bn of goods, would help push down the value of the yuan by 15-20% against the dollar, offsetting the impact of Trump’s policies ✔ But leaders have refused to scrap plans such as Made in China 2025, which calls for the state-led creation of Chinese champions in robotics and other technologies, which the US says breaks international trade rules



Spike in big U.S. farm loans may add risk to ag banks - KC Fed

10/19/2018, 4:31:58 PM
A sharp jump in U.S. farmers seeking operating and equipment loans of at least $... ✔ The volume of non-real estate farm loans in the third quarter was more than 30 percent higher than in the year-earlier period, according to the bank ✔ The jump in these types of loans - typically, money that is used for funding the operation of a farm - was the highest percentage increase for the period in 16 years, according to data from the National Survey of Terms of Lending to Farmers ✔ Our Standards:The Thomson Reuters Trust Principles



Honeywell says China growth slowing, tariffs to squeeze margins

10/19/2018, 4:14:18 PM
Honeywell said on Friday it was seeing slower growth in China and that trade tar... ✔ Honeywell lifted its full-year forecasts for cash flow and margins as it rode a boom in e-commerce driven warehouse investment and aircraft production ✔ The company has benefited from a rise in global travel that has driven record orders for jets, leading to robust demand for its avionics, braking systems and other aircraft parts ✔ Our Standards:The Thomson Reuters Trust Principles



European, Asian leaders want free trade; push back at Trump

10/19/2018, 10:11:06 PM
Europe and Asia presented a united front Friday in support of free trade based on international rules and cooperation, starkly underscoring their differences with U.S. President Donald Trump's "America First" policy. That support for free trade "is the most important signal from this summit, especially valid in the current geopolitical context,"… ✔ In their closing statement, the leaders expressed profound concern that current global efforts are insufficient to meet goals set out in the 2015 Paris climate accord ✔ On the sidelines of the meeting, the EU signed a pact with Vietnam that aims to tackle illegal logging and was to sign a free trade deal with Singapore ✔ This material may not be published, broadcast, rewritten or redistributed.



A New Way to Rank the Risks of the Big Tech Stocks

10/19/2018, 10:02:29 PM
So-called FAANG stocks are driving the market higher, but investors ignore big-tech risk at their own peril. Here’s how Barron’s is assessing the risk now. ✔ The key is to evaluate how risks are likely to change in the future, if not to predict new risks ✔ Amazon is still building out its grocery business, and a recent study said that 65% of Prime members would bank with Amazon ✔ Facebook and Amazon declined, and the others did not return messages



Today’s Logistics Report: Trump Eyes Slower Sulfur-Rule; Piggies Go to Market; Materials Markup

10/19/2018, 5:09:23 PM
Today’s Top Supply Chain and Logistics News From WSJ ✔ Sign up: With one click, get this newsletter delivered to your inbox ✔ The White House wants to slow the rollout of the rules taking effect in 2020 aimed at slashing the amount of sulfur in marine fuel, the WSJ’s Timothy Puko and Benoit Faucon write ✔ QUOTABLE ‘ We are trying to be the Coca-Cola of meat ✔ ’ John Hickin of Spanish pork producer ElPozo Alimentación SA



Cramer Remix: It's not a good time to be a company like United Rentals

10/19/2018, 11:22:23 PM
Jim Cramer outlines why the industrial giant is getting beaten down by the bears in an aggressive-Fed environment. ✔ A quarter of Venmo users are currently using PayPal's millennial-friendly payments app in a way that the financial technology company can monetize, PayPal Chief Financial Officer John Rainey told CNBC on Friday ✔ Hit him up! Mad Money Twitter - Jim Cramer Twitter - Facebook - Instagram - Vine Questions, comments, suggestions for the Mad Money website



Cramer's game plan: Companies tied to China or the Fed are 'guilty until proven innocent'

10/19/2018, 10:16:42 PM
Jim Cramer prepares for what he thinks may be the "toughest" earnings week yet and issues a warning about companies with links to China trade or the Federal Reserve. ✔ And not to mention, of course, they have an insanely large backlog ✔ Call Cramer: 1-800-743-CNBC Want to take a deep dive into Cramer's world ✔ Hit him up! Mad Money Twitter - Jim Cramer Twitter - Facebook - Instagram - Vine Questions, comments, suggestions for the Mad Money website



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