The Shanghai composite posted its best day in nearly four years, and the, an ETF that tracks some of the largest China-based companies, hit its highest level since June. That ETF is outperforming U.S. stocks this year — gaining 15 percent compared with the S&P 500's 11.5 percent — but one expert is urging caution.
"China still has a number of structural issues that it has to face. Now of course it's slowing down very slowly and it continues to put out better numbers than the U.S. But the China story and the [emerging markets] story is now very overcrowded as a trade, so I would be careful there," she added. "Technically speaking we've broken not only an uptrend going back since last year, but we got above $43.50, which has held since last spring. So it's been a big breakout of late," he said.
"I do see some negatives in the near term meaning it has moved up a bit too far too quickly. Forty-six dollars is a big level. It's really a 50 percent retracement of the entire move down since last year."
Tariffs make the dollar stronger and more jobs in America
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Trump to meet with Chinese Vice Premier Liu He as China-US trade talks wrap upPresident Donald Trump is scheduled to meet with Chinese Vice Premier Liu He later on Friday as China and the U.S. end another week of trade talks. the fact that xi isn't here says everything. trump will lie and say there was a great victory, then we'll all realize the deal he made was worse than the one we had. I hope they get a deal done. only the super rich suits get in
Source: CNBC - 🏆 12. / 72 Read more »
Trump delays tariff increase on Chinese goods - Reuters TVPresident Donald Trump says he will push back an increase in U.S. tariffs on Chinese goods thanks to 'productive' trade talks between the U.S. and China. He told a group of U.S. governors meeting at the White House to expect 'very big news' over the next couple of weeks. TV So he says, but he's a pathological liar, so, will believe it when I see it 🙄 TV ''productive' trade talks' = 'more trademarks for Ivanka'
Source: Reuters - 🏆 2. / 97 Read more »
Chinese Stocks Jump After U.S. Postpones Tariff IncreaseMainland Chinese shares surged on signs of easing trade tensions with the U.S. and top-level support for the country’s financial sector. The new World Masters! So this trade war with China - which disrupted the entire global economy - has actually had little to do with deficits & much to do with giving American banks, insurance companies, stock brokers, Visa & Master Card access to China’s economy. Who’d have thought? America’s farmers?
Source: WSJ - 🏆 98. / 63 Read more »
President Trump names Kelly Knight Craft new pick for US ambassador to United NationsPres. Trump has named a new pick for U.S. ambassador to the United Nations, tapping Kelly Knight Craft, the current U.S. ambassador to Canada, to fill the role. Girl power! BUILD THE BORDER WALLS Exclusive Data Entry service
Source: ABC - 🏆 471. / 51 Read more »
Huawei president promises not to spy on US as Trump considers banning the company's equipmentRen, whose daughter is being held by Canada, denies U.S. allegations that the company aids Chinese intelligence by building a backdoor in its devices. '... but we could if we wanted to.' More lies Never ever believe in what the communists say, just watch closely what they do.
Source: CNBC - 🏆 12. / 72 Read more »
Trump Shifts Course to Keep 200 Troops in SyriaThe U.S. will maintain a small peacekeeping force of about 200 troops in Syria despite President Trump’s earlier decision to remove all American troops, the White House said. Who is Trump? Ah.. the American puppet show? A boring show.. any real character there? Thank you! God bless America ❤️ does usa know what the word ''peace'' means :)
Source: WSJ - 🏆 98. / 63 Read more »
Trump agrees to keep about 400 US troops in Syria, official saysPresident Donald Trump has agreed to keep about 400 US troops in Syria after the withdrawal of most US forces there this spring, a senior administration official said Friday. Thank you Donny! Good boy now you can have ice cream. 400? for what target practice Thought he said they were leaving. So wish-washy
Source: CNN - 🏆 4. / 95 Read more »
Chinese stock markets soar on signs that the trade war with U.S. could be endingState media lauded the progress in trade talks as a “win-win.” America can defeat China because of China's products are fake Are these kinds of jack-boot intimidation tactics, at least as prevalent in the US as here, being taken into account in the trade negotiations? I wonder who has fun manipulating the stock market during his executive time? realDonaldTrump
Source: washingtonpost - 🏆 95. / 72 Read more »
President Trump to sign directive approving scaled-back Space ForcePresident Trump will take yet another step towards formally establishing the U.S. Space Force. Stupid's reaction all the time was against America He never rests. So, when the Space Wall construction begins?
Source: ABC - 🏆 471. / 51 Read more »
U.S. delays tariff increase on Chinese goods - Reuters TVPresident Donald Trump says he will push back an increase in U.S. tariffs on Chinese goods thanks to 'productive' trade talks between the U.S. and China. He told a group of U.S. governors meeting at the White House to expect 'very big news' over the next couple of weeks. TV what tariff's? he'll fold like a cheap blanket. he'll give CHINA what ever they want. TV Ah! That time-tested Trump negotiating tactic: give up something, and get less than nothing in return! Brilliant! TV China 2 America 0. Defeat after defeat! Stop playing with us. Send us back our hauwei cfo now.
Source: Reuters - 🏆 2. / 97 Read more »