• 10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, AMZN, AAPL, APHA, MO, CRUS)

    8 days ago - By Business Insider

    Here is what you need to know.
    An alarming slowdown in global trade shows Trump's trade war is having a devastating impact. Data released by Swiss freight giant Kuehne + Nagel shows global trade grew 0.3% in November, down from the 3.1% growth a year ago, as every single region saw slowing growth.
    The longest bull run in stock-market history is on its last legs - and a 'deep and prolonged correction' is coming. "In our view, the bullish cycle that began in 2009 is ending," Societe Generale's technical team, led by Stéphanie Aymès, said in a note sent out to clients on Monday that pointed...
    Read more ...

     

  • White House hails China trade truce as skeptics raise doubts

    White House hails China trade truce as skeptics raise doubts

    8 days ago - By Chron

    WASHINGTON - The Trump administration is celebrating the 90-day truce it reached in its trade war with China as a significant breakthrough despite scant details, a hazy timetable and widespread skepticism that Beijing will yield to U.S. demands anytime soon.
    "This is just an enormous, enormous event," Larry Kudlow, President Donald Trump's top economic adviser, said Monday of the cease-fire that Trump and President Xi Jingping reached over the weekend on the sidelines of an international economic summit in Buenos Aires, Argentina. "This one covers so much ground in some detail, we've never...
    Read more ...

     

  • An alarming slowdown in global trade shows Trump's tariff war is having a devastating impact

    An alarming slowdown in global trade shows Trump's tariff war is having a devastating impact

    8 days ago - By Business Insider

    Data from Swiss freight giant Kuehne + Nagel shows global trade grew 0.3% in November. In the same month last year, it grew 3.1%.
    The The impact of President Donald Trump's trade war is clear to see: Every single region of the globe saw its foreign trade growth drop in November.
    Kuehne + Nagel's data matches what Maersk, the world's largest shipping company, said earlier this month, when it published data showing a slowdown in global container trade growth.
    The negative impact of the ongoing trade battle between the US and China is plain to see in new data from Swiss freight giant Kuehne +...
    Read more ...