China

As US/China Trade War Takes a Breather, Full Trade Data and Reactions by the Numbers

Posted: August 31, 2019 at 11:42 am
Last updated: September 1, 2019 2:04 pm

The last week of August proved to be one in which the salvos in the trade war between the United States and China took a breather. On top of President ...
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China’s Manufacturing Recession Continues in August

Posted: August 31, 2019 at 7:06 am

China's official PMI reading for August came in at 49.5, its fourth month of contraction. The government made the announcement along with several others about August economic performance. The trade ...
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How Tesla Is Skirting the China Trade War

Posted: August 30, 2019 at 11:30 am

Tesla Inc. (NASDAQ: TSLA) shares made a handy gain on Friday after it was announced that the electric vehicle firm would be exempt from China’s 10% purchase tax on auto ...
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US/China Trade Data by the Numbers, and How Exposed Top American Companies Are

Posted: August 25, 2019 at 11:07 am
Last updated: August 26, 2019 6:16 am

With all the news now about tariffs having turned into an outright trade war with China, and with the market's drop on Friday resembling an even larger drop a week ...
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US Stocks Starting to Trade Just as Badly as Chinese Shares on Tariff and Trade War News

Posted: August 24, 2019 at 11:52 am
Last updated: August 26, 2019 6:40 am

Having tariffs in a trade dispute is one thing. To impose tariffs on top of other tariffs as retaliation is quite simply a trade war. The major stock indexes were ...
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Why Foot Locker Is Kicking Itself After Earnings

Posted: August 23, 2019 at 10:35 am

Foot Locker Inc. (NYSE: FL) shares tanked after the firm reported its most recent quarterly results before the markets opened on Friday. However, this was not the only contributing factor ...
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McKinsey Warns of Looming Asian Debt Crisis

Posted: August 20, 2019 at 12:10 pm

The Asian financial crisis of 1997 wreaked havoc on the financial systems of Thailand, Indonesia and South Korea particularly, but the effects were felt all around the globe. To staunch ...
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Why Baidu’s Q2 Was So Great

Posted: August 20, 2019 at 10:10 am

When Baidu Inc. (NASDAQ: BIDU) reported its most recent quarterly results after the markets closed on Monday, the firm said that it had $1.47 in earnings per share (EPS) and ...
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Why China Imports Much More Saudi Oil Than the US

Posted: August 15, 2019 at 11:10 am

Saudi Arabia has responded to the reimposition of U.S. sanctions on Iranian oil sales by directing more oil to China and less to the United States. According to U.S. Energy ...
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Get Ready for $2 Gas

Posted: August 15, 2019 at 10:08 am

The summer of 2019 is starting to look like the summer of 2016. That year, gasoline prices started below $2 a gallon in winter. They rallied slightly into the summer ...
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Alibaba’s Q1 Earnings Beat Belies Slowing Economy

Posted: August 15, 2019 at 10:00 am

Alibaba Group Holding Ltd. (NYSE: BABA) released its fiscal first-quarter financial results before the markets opened on Thursday. Despite the slowdown of China's economy, the company said that it had ...
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What to Watch When Alibaba Reports Thursday

Posted: August 14, 2019 at 12:00 pm

Alibaba Group Holding Ltd. (NYSE: BABA) is set to report its fiscal first-quarter earnings results before the markets open on Thursday. The consensus estimates are calling for $1.46 in earnings ...
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China Slows Toward Recession Pace

Posted: August 14, 2019 at 4:35 am

China's economy has slowed considerably. According to its National Bureau of Statistics for China, "In July, the total value added of the industrial enterprises above the designated size grew by ...
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China Tariff Delay Comes to Market’s Rescue

Posted: August 13, 2019 at 11:35 am

The S&P 500 and Dow Jones industrials are turning it around after a two-day losing streak. This comes on the heels of news that the United States has removed some ...
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While Negative US Interest Rates Are Possible, Odds of Reality Look Less Than Zero

Posted: August 12, 2019 at 2:48 pm
Last updated: August 13, 2019 6:23 am

Many articles have pondered the short-term and long-term impacts of negative interest rates around the globe. Some of these concerns are recent, while some have persisted for years. One recent ...
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