20181205-Trump's handshake deal with China


Trump had a handshake deal with China

On Sunday, Trump tweeted: “China has agreed to reduce and remove tariffs on cars coming into China from the U.S. Currently the tariff is 40%.”  The tariff deal in G20 held in Argentina is conditional on the two countries resolving key issues within 90 days.

But with the midterms now behind him, Trump is turning his sights to his own re-election in 2020. A divided Congress will make it harder for him to pass any kind of economic stimulus, which could hinder his chances to win the White House again.
 So the easiest (and maybe only) way for Trump to stimulate the economy between now and then is through bilateral trade deals.
To see what’s going to happen next, we should look at how the market reacts during the rest of the week to Trump’s announcement of a China trade deal.
If investors resume buying shares, that could signal the current market correction is over. But if investors sell further and drive the price back below the market’s 200-day moving average, it’s a signal that we’re still in correction mode.

Comments

Post a Comment

Popular posts from this blog

20181210-Paradise Fire-Centaurians

Edge of Wonder – Interviewed with David Wilcock on Paradise Fire : - Heard from his insider source- Henry Deacon from Project Camelot since 2007 -Paradise, CA – the most important small town in the US that provide safe haven for human like ET race, Centaurians.    There are many 500 – David guessed.    -There are only 2 cities like this in the US.   One is Paradise and the other one is in Neveda, but David doesn’t know where. -David had pictures where you can see laser beam came down from the sky to ignite the fire.   (DEW)?     -The fire spread so fast.   People didn’t even have enough time to get to their cars. -They can’t live above the ground for too long.   So they have elevator inside their house that goes deep down to the underground base.   Centaurians:               -they are from Alpha Centauri -buffed, tall, very pale, white hair, dark blue/violet eyes,...
Read more

20191007-New Russian Payment System to Avoid USD

Jim Rickard（ New Russian Payment System Avoids U.S. Dollar ）: -There is a new secure payments channel between Russia and Iran. This channel does not use dollars and allows Russia to sell weapons to Iran and for Iran to hide reserves in Russia, free of U.S. sanctions and U.S. interdiction. -Now Russia has unveiled an even more ambitious payments system.   This new system will provide services similar to SWIFT (the Society for Worldwide Interbank Financial Telecommunication), which is the leading bank message traffic facility in the world today for funds transfers. -In recent years, SWIFT has become politicized. Iran was banned from using SWIFT from 2012–16. Certain Iranian banks were banned from SWIFT again in 2018. -Russia has never been banned from SWIFT, but the mere possibility gives Russia a large incentive to create an alternative payments system not subject to U.S. control. With this announcement, Russia is getting closer to that goal. -The new Russian system may quickly be ...
Read more

20190114-Bitmain-BTC goes down to $1800?

Crypto Cowboy: Problem with BTC space – centralization of the BTC.       The 6 biggest mining companies in the world are calling the shots and they are mostly Chinese.   Also big banks are entering the space.    Right now it looks like Bitmain is going down. Bitmain – has gone through a lot changes due to price volatility, political pressure, regulations 。。。 -Two CEO/founders are going to step down. -closing its 500 million project in Austin, Texas -closing its Israeli research and development office  -cutting up to 50 percent of its staff  Probably because of it, there are a lot of big dormant wallets (50 – 100+ BTC) that are becoming active and more on the selling side.    However, a lot of these wallets are active in the OTC market not retail but their activity might still affect the prices in the retail markets.   So in the short-term, BTC price might even go down to $1800 .   If it does, Crypto Cowboy thinks it’s a go...
Read more