• 10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, TWTR, AAPL, TSLA, SBUX)

    6 monthes ago - By Business Insider

    Here is what you need to know.
    Mexico is ready to hit back against Trump's trade war. Mexico will place a 20% tariff on US pork leg and shoulder imports, according to Reuters.
    Japan's finance minister is forfeiting a year's salary. Japanese Finance Minister Taro Aso has agreed to forfeit one year's salary as punishment for his role in a bargain sale of state land to a school tied to Prime Minister Shinzo Abe's wife.
    The stock market's biggest bear unloads on the 'economic Ponzi scheme' he says will cause the next crash. Outspoken investor and former professor John Hussman argues one of the...
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  • 10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, TWTR, AAPL, TSLA, SBUX)

    10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, TWTR, AAPL, TSLA, SBUX)

    6 monthes ago - By Business Insider

    Here is what you need to know.
    Mexico is ready to hit back against Trump's trade war. Mexico will place a 20% tariff on US pork leg and shoulder imports, according to Reuters.
    Japan's finance minister is forfeiting a year's salary. Japanese Finance Minister Taro Aso has agreed to forefeit one year's salary as punishment for his role in a bargain sale of state land to a school tied to Prime Minister Shinzo Abe's wife.
    The stock market's biggest bear unloads on the 'economic Ponzi scheme' he says will cause the next crash. Outspoken investor and former professor John Hussman argues one of...
    Read more ...

     

  • Protectionism Remains A Threat To Global Markets

    Protectionism Remains A Threat To Global Markets

    6 monthes ago - By ETF Daily News

    From Invesco : The global trade environment seriously worsened last week as the US applied aluminum and steel tariffs to Canada, Mexico and the European Union .
    Just a few days before, US President Donald Trump announced he is exploring tariffs of up to 25% on imported cars. In my view, this is a very negative development that has implications for the global economy for several different reasons:
    It may result in more protectionist actions. As I've said before, tariffs are like bacteria in a petri dish - they multiply quickly. This certainly dims the prospects for a successful...
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  • Inflationary Tariffs Could Supercharge Gold

    Inflationary Tariffs Could Supercharge Gold

    6 monthes ago - By ETF Daily News

    Ready for inflation? Just days after Treasury Secretary Steven Mnuchin reassured markets that a trade war between the U.S. and China was “on hold,” the Trump administration announced that it would be moving forward with plans to impose 25 percent tariffs on as much as $50 billion worth of Chinese exports to the U.S. Beijing has already suggested that it will retaliate in kind.
    The White House also reinstated tariffs on imports of steel and aluminum from Canada, Mexico and the European Union after allowing earlier exemptions to expire. Again, there's a big chance the U.S. will see some sort...
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  • Mexico is ready to hit back against Trump's trade war by placing tariffs on pigs

    Mexico is ready to hit back against Trump's trade war by placing tariffs on pigs

    6 monthes ago - By Business Insider

    Mexico hits back in escalating trade conflict between the USA and the rest of the world.
    The USA's neighbor to the south will levy 20% tariffs on the import of pork shoulders and legs.
    Last Thursday, President Trump announced that the US would impose tariffs on steel and aluminum imports from three key US allies.
    Mexican authorities are ready to hit back against the tariffs imposed on the country by the Trump administration, and are preparing to impose significant levies on the import of pork products from the USA.
    Reuters reported that Mexico will place a 20% tariff on US pork imports...
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