Cheese
1,374 posts
msg #145276
- Ignore Cheese |
11/15/2018 10:57:11 AM
THE REAL STICKY PROBLEM WITH CHINA TRADE
Treasury Secretary Mnuchin is now back in the lead of trade talk with Liu He,
putting aside the infighting on the American side on for now,
Apparently, a few months ago, Treasury Secretary Mnuchin had worked out a deal with Liu He,
China chief negotiator. That deal got Trump's support, until some House Republicans and Democrats
cirticized trump for being too soft on the Chinese. So Trump back pedaled and reneged like
he often did with many people and many situations. The American side then tried to get a better deal.
But the Chinese already knew where the Americans are willing to accept. So, business news
from WSJ, Bloomberg, CNBC of today Nov 15 said that the Chinese side only gave a rehash
of their existing positions.
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risjr
229 posts
msg #145277
- Ignore risjr |
11/15/2018 11:18:15 AM
sds is going GREAT!!
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Cheese
1,374 posts
msg #145279
- Ignore Cheese |
11/15/2018 4:48:36 PM
Business Insider (Nov 15, 2018 p.m.)
Trump seems to be backing down in the trade war with China after electoral blowback and growing economic worries.
p.s.
A few months ago, Mnuchin and Liu He already got to a deal that Trump could live with
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karennma
8,057 posts
msg #145352
- Ignore karennma |
11/28/2018 7:42:15 AM
Wheww! That was a helluva correction.
Looks like it's over ... at least, the stocks I HAD have now reversed.
NVDA $280 to $152. That was bad.
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karennma
8,057 posts
msg #145353
- Ignore karennma |
11/28/2018 7:45:51 AM
With all that the President has on his table, I guess someone brought to his attention, the market was crashing.
"Trump attacks Fed Chairman Powell: 'I'm not even a little bit happy with my selection of Jay' .."
Here we go again ...
"You're fired!"
https://www.cnbc.com/2018/11/27/trump-attacks-fed-chair-powell-im-not-even-a-little-bit-happy-with-my-selection-of-jay.html
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karennma
8,057 posts
msg #145354
- Ignore karennma |
11/28/2018 7:47:36 AM
It lasted almost a year. I consider that a crash.
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karennma
8,057 posts
msg #145357
- Ignore karennma |
11/28/2018 9:04:44 AM
I bet Trump makes Larry Kudlow Fed Chairman.
Buh byeeee Jerome.
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karennma
8,057 posts
msg #145358
- Ignore karennma |
11/28/2018 9:16:36 AM
"The president has previously criticized the Federal Reserve, saying they should do "what's good for the country." He's also said he's "not thrilled" with Powell for continuing to raise interest rates."
There's your green flag.
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risjr
229 posts
msg #145368
- Ignore risjr |
11/28/2018 11:43:48 AM
Don't discount yet...it is right on the edge!!
Dood
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karennma
8,057 posts
msg #145374
- Ignore karennma |
11/28/2018 3:35:55 PM
@risjr,
Yeah, this is crazy. AMZN up $100?
DOW up 585?
Nothing is "normal" anymore.
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