Wall Street put way too much stock in a peaceful China trade settlement
Share to linkedin
China stocks have fallen below 5% in one trading session 24 times since January 2010, with most of those declines coming in 2015 and 2016. It fell below 5% once last year, and now today. China's been a raging bull all year as investors seemed to have given up on an escalation of trade tensions. Possible explanations for Trump's about-face include China balking on tech transfer in joint venture deals, and subsidies to favored industries, especially those within Xi's Made in China 2025 industrial policy. Rumor has it that China was reluctant to commit to a timeline on any sweeping economic reforms unless Washington lifted trade tariffs immediately, a total non-starter.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Stock-market strategist says Wall Street should shake of Trump trade anxieties and ‘buy this dip’Fundstrat Global Advisors analyst Thomas Lee says there is reason to be a buyer in this downbeat environment.
Consulte Mais informação »
Apple's stock is surging, but Wall Street analysts thought earnings results were just 'fine'Wall Street analysts see Apple headed in the right direction after its earnings report Tuesday, but were less optimistic than the market.
Consulte Mais informação »
Wall Street adds a bit to gains after Fed statement citing ongoing economic growthU.S. stocks added slightly to gains after the Federal Reserve held interest rate...
Consulte Mais informação »
Apple's 'iPhone likely bottomed': Here's what Wall Street is saying about Apple's Q1 results.Wall Street analysts covering Apple were broadly positive following the company's first-quarter results, which sent shares up 5%.
Consulte Mais informação »
Wall Street opens mixed; Alphabet weighs on S&P 500, NasdaqU.S. stocks opened mixed on Tuesday, as investors parsed a barrage of earnings r...
Consulte Mais informação »
Uber looks almost nothing like Amazon despite what it plans to tell Wall StreetUber's effort to draw a comparison to Amazon is unlikely to convince investors who can clearly see where the analogy falls apart.
Consulte Mais informação »
Wall Street set for mixed open with earnings in spotlightU.S. stocks were set for a flat to slightly higher open on Thursday, as investor...
Consulte Mais informação »
'Boring' India More Interesting To Wall Street If Modi RemainsGlobal investors are being paid less to be in India. That could change once these month-long elections end on May 19
Consulte Mais informação »
Puerto Rico board hits Wall Street banks, bondholders with lawsuitsPuerto Rico's federally created financial oversight board said on Thursday ...
Consulte Mais informação »
Shell earnings; Volkswagen's resilience; Central banks on holdCNN's ChristineRomans has today's top business headlines before the opening bell on Wall Street
Consulte Mais informação »