Any ‘Significant’ US-China Trade Deal is Doomed, Warns Portfolio Manager

Donald Trump, Xi Jinping

The trade war between the U.S. and China has been going on for over a year now. The two countries have been throwing tariffs back and forth and finding no resolution. Recently, a new wave of hope flooded the markets as Trump took to Twitter to announce the “greatest and biggest deal ever made.” Unfortunately, … Read more

Peter Schiff Believes Phase 1 of Trade Deal is No Victory; Research Says Otherwise

A few days ago, President Donald Trump posted a tweet about the deal he made with China. According to the POTUS, it is the “greatest and biggest deal ever made for our Great Patriot Farmers.” The deal would provide American farmers with much-needed relief as it involves China buying as much as $50 billion worth … Read more

Gold Price Threatens Monthly Lows as Investors Buy China Trade-Deal Hype

Gold bullion

The price of gold declined sharply on Tuesday, erasing earlier gains and threatening to re-test the lows from last month as investors flocked to risk assets over apparent U.S.-China trade progress. Gold’s Violent Pullback Futures on December gold delivery plunged all the way down to $1,482.60 a troy ounce, the lowest since Sept. 30. Bullion … Read more

Dow Jones Tumbles as China Pours Cold Water on Trade Deal Hopes

Dow Jones

The Dow and broader U.S. stock market opened lower on Monday after Chinese media poured cold water on the likelihood of a comprehensive trade agreement between Washington and Beijing. Dow Tumbles After the Open; S&P 500, Nasdaq Follow All of Wall Street’s major indexes tumbled after the open, mirroring a downbeat pre-market session for Dow … Read more

New Survey Data Show How Partial U.S.-China Trade Deal Could Reignite Bull Market for Stocks

Trump, Liu He

The rumored partial trade deal between the U.S. and China helped lift the Dow Jones Industrial Average on Wednesday, but new survey data suggest it still may not be fully priced into business forecasts. Liz Ann Sonders, the chief investment strategist at Charles Schwab & Co, published results from Evercore ISI Research’s survey into the … Read more

Dow Futures Wobble as U.S.-China Trade War Escalates Ahead of Critical Talks

US stock market

Futures on the Dow Jones Industrial Average (DJIA) posted narrow gains in aftermarket trading Wednesday, as the threat of an escalating trade war between the United States and China continued to weigh. Dow Futures Rise; S&P 500, Nasdaq Follow Futures contracts on all three major U.S. indexes rose slightly in overnight trading, with the Dow … Read more

Gold Price Bounces Back as Hopes for a U.S.-China Trade Deal Crumble

Gold price

The price of gold reversed losses Tuesday afternoon, as investors cut ties to riskier assets over concerns that upcoming U.S.-China trade talks will see limited progress. Gold Regains $1,500/Oz December gold futures, the most actively traded derivatives contract, traded as low as $1,492.10 a troy ounce Tuesday. They have since recovered to around $1,507 a … Read more

Dow Futures Brace for Volatile Week as Damages from U.S.-China Trade War Begin to Surface

China USA

Futures on the Dow and broader stock market rose sharply on Friday, but finished lower for the week as threats to U.S. and global economic health resurfaced. Volatility is likely to simmer near the surface next week as attention shifts to U.S.-China trade negotiations. For all the talk of progress, both countries remain far apart … Read more

Don’t Blame the Fed or Tariffs Alone for this Stock Market Rout

stock market dice

Stock market investors who were expecting that the Fed would be more accommodating with its monetary policy or that trade talks between the U.S. and China would go swimmingly were in for a rude awakening. Instead, they got a one-two punch comprised of a mere quarter-point interest rate cut and threats of more tariffs on … Read more

Trump Warns Modi on ‘Unacceptable’ Tariffs as PM Puts India First

Trump, Donald Trump, Modi, India

U.S President Donald Trump sent a stern warning to Indian Prime Minister Narendra Modi on Thursday as tariff wars threaten to break out on the Indian front. Trump called India’s imposition of new high trade tariffs “unacceptable”, stating that they “must be withdrawn!”. The President’s tweet comes just days before he and the Indian PM … Read more