U.S. National Security Adviser Robert O’Brien and Secretary of State Mike Pompeo look like U.S. officials … [+] President Donald Trump will speak at a press conference on China in the White House Rose Garden in Washington, DC on May 29, 2020. MANDEL NGAN / AFP via Getty Images Hong …
Read More »The US and China delay a review of their Phase One trade, so Beijing has time to buy ‘more goodies’ from America
The Washington Post The US and China have issued an assessment of their Phase One trade agreement, which was initially set for Saturday, Reuters reported. Sources familiar with the plans told the news agency that the meeting was postponed due to plans for conflicts and the need to allow China …
Read More »What does our smart money tell us?
Stock market display screenshot on the street with stock market crash sell-off in red … [+] color getty The US stock market has been flirting with record highs this week, and this has caused a lot of nerves among investors. One of the reasons stock traders have been feeling jittery …
Read More »Billionaire investor Ray Dalio warns that an ongoing ‘capital war’ between the US and China could destroy the dollar and wreak havoc on the US economy.
Legendary hedge fund manager Ray Dalio said the stability of the US dollar is threatened as tensions between Beijing and Washington could lead to a “capital war.” In an interview with Fox Business, Dalio said that if the US government prohibits investments in China or withholds payments on Chinese debt …
Read More »Dow drops nearly 200 points after China retaliates by ordering Chengdu consulate closed
TOPLINE The market ended lower on Friday as high-tech stocks lagged, and stocks were hit as well after China retaliated for the closure of its consulate in Houston earlier this week by ordering States United that you close your consulate in Chengdu. Relations between the United States and China hit …
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