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- smctrader commented May 28, 2019
Many years ago, the US stole the Bessemer steel furnace from the UK, as well as textile manufacturing techniques. Countries have been "stealing" technology from one another since the dawn of man. Nothing new here.
Japan Then, China Now
- smctrader commented May 24, 2019
"Tax cuts will generate 5% economic growth and pay for themselves. Trade wars are easy to win."
JP Morgan slashes second-quarter US GDP forecast to just 1%
- smctrader commented May 24, 2019
Need to get Brexit situation resolved ASAP.
Retail investment intentions lowest in survey history - CBI
- smctrader commented May 24, 2019
Honestly feel bad for this woman.....she was in an incredibly difficult position. The architects of the Brexit push (Johnson, Farage, Gove, Mogg), should have stepped up from the beginning to take leadership roles with the responsibility of ...
UK PM May: I Will Resign on June 7
- smctrader commented May 24, 2019
I'm an American but am rooting for China right now.....I don't like how we have gone about handling this trade spat. Very arrogant.
China President Xi said to have ruled out the possibility to meet with US President Trump at...
- smctrader commented May 23, 2019
Trumponomics = disaster.
US business activity growth falters to three-year low
- smctrader commented May 23, 2019
To start, the tweeting by Trump hurling insults at China must stop. It is embarrassing for the United States and does nothing but create ill-will.
China says trade talks can't continue unless US addresses its 'wrong actions'
- smctrader commented May 23, 2019
As soon as Trump started threatening the EU with auto tariffs 18 months ago, the entire EU economy went to hell. Business confidence was completely sapped....add in the constant nonsense with Brexit, and it is no wonder the EU is slowing.
EZ flash PMI signals subdued business growth amid stagnant demand
- smctrader commented May 23, 2019
President Trump has been very nasty to Canada and Mexico. Why should they help him in his trade war?
What if Mexico, Canada Join the US in the Trade War with China?
- smctrader commented May 22, 2019
Steve Mnuchin? The same guy that told us a "trade deal was close" once a day for months on end just to pump up the stock market? That guy?
Trump, Xi likely to see each other at end of June, Mnuchin says
- smctrader commented May 22, 2019
Global economy is weakening.
Blaming Brexit, British Steel collapses putting nearly 25,000 jobs at risk
- smctrader commented May 21, 2019
It is clear that the Chinese never intended to give in to US demands and had used the time to prepare their industries for a protracted trade war. There are now ready. With coordination with the French and Germans (the next American target), the ...
Xi Jinping calls for 'new Long March' in dramatic sign that China is preparing for protracted...
- smctrader commented May 21, 2019
I'm an American, but if this were a movie I would be rooting for China right now. Don't like how the US has gone about this.
China Warns About ‘Unwavering Resolve’ to Fight U.S. ‘Bullying’
- smctrader commented May 21, 2019
I'm sorry, but you cannot cut rates with US unemployment at 40 year lows and the stock market 3% off it's all time highs....would be completely irresponsible and leave the Fed with no ammunition in the event of a serious economic downturn.
Powell steadies expectation of a Fed rate cut, US dollar gaining
- smctrader commented May 20, 2019
Would be interesting to see how global markets would react if China suddenly announced they were kicking Apple out of the country completely.
Google 'blocks Huawei access to Android updates' after blacklisting
- smctrader commented May 20, 2019
In my opinion, the far more concerning aspect of all of this is the fact that the President of the United States is once again threatening war via Twitter - which is essentially means he is doing it as an act of political kabuki theater, not to send ...
If Iran wants to fight, that will be the official end of Iran. Never threaten the United...
- smctrader commented May 17, 2019
Drink every time you read "sources say deal is close"
Canada, U.S. close to steel and aluminum tariff deal: source