by Summary:
Everything was looking so awesome this morning, until Commerce Secretary Wilbur Ross told a group in Davis that China's 2025 Technology Plan was a "direct threat" to the US, sparking another round of protectionist-fear-driven selling in stocks…. Zero HedgeUS Equities Tumble On Ross' China "Direct Threat" Comments Tyler Durden Also It appears the rhetoric coming out of Davos is slowly but surely catching up to markets - after initially just impacting the dollar - as former fund manager and FX trader Richard Breslow details below, the market is not priced at all for a "hot trade war" and Ross/Mnuchin's rhetoric suggests we are closer to that that not. One Trader Warns "A Hot Trade War Is Not Priced-In"
Topics:
Mike Norman considers the following as important: Davos 2018, Richard Breslow, Sino-American trade war, Steve Mnuchin, Wilbur Ross
This could be interesting, too:
Everything was looking so awesome this morning, until Commerce Secretary Wilbur Ross told a group in Davis that China's 2025 Technology Plan was a "direct threat" to the US, sparking another round of protectionist-fear-driven selling in stocks…. Zero HedgeUS Equities Tumble On Ross' China "Direct Threat" Comments Tyler Durden Also It appears the rhetoric coming out of Davos is slowly but surely catching up to markets - after initially just impacting the dollar - as former fund manager and FX trader Richard Breslow details below, the market is not priced at all for a "hot trade war" and Ross/Mnuchin's rhetoric suggests we are closer to that that not. One Trader Warns "A Hot Trade War Is Not Priced-In"
Topics:
Mike Norman considers the following as important: Davos 2018, Richard Breslow, Sino-American trade war, Steve Mnuchin, Wilbur Ross
This could be interesting, too:
Mike Norman writes RT — Beijing won’t just ‘watch Huawei be slaughtered on the chopping board’, company chief warns US
Mike Norman writes China to buy billion in U.S. farm products in return for tariff concessions-U.S. sources — Jeff Mason, Andrea Shalal, David Lawder
Mike Norman writes Is China Actually Stealing American Jobs and Wealth? John L. Graham and Benjamin Leffel
Mike Norman writes America’s War on Chinese Technology — Jeffrey D. Sachs
Everything was looking so awesome this morning, until Commerce Secretary Wilbur Ross told a group in Davis that China's 2025 Technology Plan was a "direct threat" to the US, sparking another round of protectionist-fear-driven selling in stocks….Zero Hedge
US Equities Tumble On Ross' China "Direct Threat" Comments
Tyler Durden
Also
It appears the rhetoric coming out of Davos is slowly but surely catching up to markets - after initially just impacting the dollar - as former fund manager and FX trader Richard Breslow details below, the market is not priced at all for a "hot trade war" and Ross/Mnuchin's rhetoric suggests we are closer to that that not.