World

China Reopens Market and Gets a Rebound

There is no doubt that coronavirus is still having a strong impact on the world economy – especially China’s. A slowdown of the spread of the disease cannot be expected any time soon but it still has not yet been labeled a pandemic. The virus continues to affect a rapidly growing number of people and about 369 deaths have occurred ...

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Information Overload! GDP, Earnings Reports, and Coronavirus News

Investors have had to process a great deal of information over the last few weeks. The earnings season kicked off a few weeks ago and the number of companies reporting each week has increased rather rapidly with nearly a third of the S&P reporting during the past week. We’ve had economic news and central bank activity to digest, and of ...

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Davos Comments that Made Us Nervous

Over the last few days, investors have had one eye on China and the other eye on the World Economic Forum in Davos, Switzerland. The eye on China is concerned about the Coronavirus and how it is spreading with investors wondering what impact it will have on the global economy. China has already taken extreme measures by locking down travel ...

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Trump’s Economic War Is Working. How Much More Will Iranians Take?

Iran’s mullahs and generals may still be threatening all-out war with the U.S. But their economic advisors must be panicking. The Iranian economy — strangled by U.S. sanctions that have killed a staggering 85 percent of the country’s oil exports since May 2018 — is plunging deeper into recession. This is the part of the Trump Administration’s conflict with Iran ...

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Experts: Emerging Markets will Outpace Developed Markets in 2020

Watching and listening to the various investment analysts, traders, and portfolio managers that have appeared on Bloomberg Television over the last week or so, there is a common theme in their outlooks for 2020. Many of these experts have expressed their opinion that they see emerging markets outpacing developed markets in the coming year. Because I haven’t been keeping a ...

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Central Banks Around the World: No Action, Lots of Hints

The last 48 hours have seen numerous central bank announcements around the globe and what we have seen for the most part is very little action, but lots of hints as to which way they are leaning. It started with the Federal Reserve keeping the Fed Funds target rate between 1.5% and 1.75%. This is what investors expected so this ...

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Chinese Government to Stop Using Foreign Hardware, Software

The Chinese Government has ordered all government offices and public institutions to stop using foreign-made hardware and software within three years (a decision that will require the replacement of up to 30 million pieces of equipment). The order is not public, but was described to American reporters by employees from cybersecurity firms who heard about it from clients. The directive, ...

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Brazil Takes Advantage of U.S.-China Tradewar — But Now in the Crosshairs

Brazil has been a beneficiary of the ongoing trade war between the U.S. and China, but it has struggled to grow its economy at the same time. That may be changing however as record low interest rates and changes in certain rules have started to make an impact. The Brazilian Institute of Geography and Statistics announced on Tuesday that the ...

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Henry Kissinger: Armed Conflict with China is Possible

Speaking at the Bloomberg New Economy Forum in Beijing, former Secretary of State Henry Kissinger said the current trade war between the US and China could explode into an armed conflict larger than World War I. “A discussion of our mutual purposes and an attempt to limit the impact of conflict seems to me essential,” says Kissinger, who engaged in ...

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HORIST: Hong Kong: Independence, massive violence … or is there a third option?

It should be obvious to the entire world, that the unrest in Hong Kong is increasing – and it is not about some proposed law to send dissidents to Mainland China. That proposal was taken off the table weeks ago. This is a full-fledged revolution for independence from Beijing. It will not be quelled unless Chinese President Xi Jinping is ...

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