Market strategists across asset classes are warning investors the turbulence that's proliferated in recent weeks will rage on as President Donald Trump's trade war with China enters new territory. Referring to the US dollar's strength, one foreign-exchange strategist told clients:"More losses are likely in the coming week as investors and central banks grow more concerned about recessions.
Market strategists across asset classes are warning investors the turbulence that's proliferated in recent weeks will rage on as President Donald Trump's trade war with China enters new territory. Referring to the US dollar's strength, one foreign-exchange strategist told clients:"More losses are likely in the coming week as investors and central banks grow more concerned about recessions.
Great buying opportunities this week
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President Trump meeting with trade team at White House amid tweetstorm that rocked marketsStocks dropped after Donald Trump ordered that U.S. companies find alternatives to their operations in China. 50% tariffs on everything China... let's see it! 👀👀👀👀📉📉📉 Another 50% haircut for the markets? Coming soon? How about they just forcefully remove his ass already? 25thAmendmentNow
Source: CNBC - 🏆 12. / 72 Read more »
Trump Is Melting Down Because China Won’t Give In on TradePresident Trump is in the midst of a public meltdown that is humiliating, scary, and banana republic–y even by Trumpy standards. jonathanchait writes jonathanchait I’m melting 😂 jonathanchait But 'the Chosen One' said trade wars are easy to win... Haha. jonathanchait And the vast majority of Republicans still support him. That's what's scary.
Source: NYMag - 🏆 111. / 63 Read more »
Trump blasts Powell and Xi as ‘enemies’ of U.S. as Fed fight, trade war heat upPresident Donald Trump on Friday slammed Federal Reserve Chairman Jerome Powell after a closely watched speech, asking if the central bank chief or China’s... realDonaldTrump idiot in chief
Source: MarketWatch - 🏆 3. / 97 Read more »
Trump Says He’ll Raise Existing Tariffs To 30%, Escalating Trade War With ChinaThe move was in response to retaliatory tariffs imposed by China. We need to make our own watches now lol He’s mental. Truly mental. He’s creating a cult! Yep someone will not learn!Quit Pro Quo🤦♂️
Source: Forbes - 🏆 394. / 53 Read more »
Trump hits China with new tariffs in trade war escalationPresident Trump lobbed Twitter attacks at China, U.S. companies and his handpicked Federal Reserve chief today as he further escalated his tariff war with the world’s No. 2 economy Our Enfant Terrible is at it again. He’s flailing about without a plan or a reason to do so. This isn’t funny. It’s like a whirlpool drawing us all—America and the world—into an economic vortex with no clear path to a positive outcome. He did this after the market did a free fell today cause he was POed! His penis contest w/ China is ruining our economy-US!!
Source: politico - 🏆 381. / 59 Read more »
Trump will raise tariff rates on Chinese goods in response to trade war retaliationEarlier Friday, Trump tweeted that American companies 'are hereby ordered to immediately start looking for an alternative to China, including bringing your companies HOME and making your products in the USA.' There goes Christmas!!! 'China will be hurt very very bad, We are so much winning! I'm the great negotiator! We will see!' We know the Fed thinks tariffs are a big problem and Trump wants his big rate cuts. So now Trump will keep imposing new tariffs til he gets his rate cuts
Source: CNBC - 🏆 12. / 72 Read more »