Tag Archives: China

Nicht nur die USA und China errichten Handelshindernisse: Treffen zwischen den Delegationen beider Länder am G-20-Gipfel in Buenos Aires (1. Dezember 2018). Foto: Pablo Martinez (Keystone) Erneut hat der Handelskrieg zwischen den USA und China in der letzten Woche die Weltpolitik und die Kapitalmärkte in Atem gehalten. Beim Treffen der G-20-Staaten wurde zwar ein vorübergehender Waffenstillstand vereinbart. Glaubwürdig erschien das nicht: Die Sorgen vor einer nächsten Eskalationsstufe...

[embedded content] Economic thoughts and analysis from Alhambra Investments CEO Joe Calhoun. Related posts: Monthly Macro Monitor – October 2018 (VIDEO) Monthly Macro Monitor – September 2018 Monthly Macro Monitor – August Monthly Macro Monitor – November 2018 Monthly Macro Monitor – October 2018 Monthly Macro Monitor – August 2018 Monthly Macro...

There’s no sign of inflation, markets are unsettled, and now new economic data keeps confirming that dark side. Forget each month, every day there is something else suggesting a slowdown. That much had been evident across much of the global economy, but this is now different. The US has apparently been infected, too, not that that is any surprise. That’s how these things go. Global synchronized growth, decoupling,...

Bild: Unsplash Contovista, ein Anbieter von Data-driven Banking, und True Wealth, ein digitaler Vermögensverwalter, schliessen eine strategische Partnerschaft ab, um das Potenzial einer Verbindung von Robo Advisors mit Machine Learning auszuschöpfen. Der kombinierte Einsatz der beiden Fintech-Bankangebote will darauf abzielen, das Verständnis von Bankkunden für die eigenen Finanzen zu schärfen...

Now that the slowdown is being absorbed and even talked about openly, it will require a period of heavy CYA. This part is, or at least it has been at each of the past downturns, quite easy for its practitioners. It was all so “unexpected”, you see. Nobody could have seen it coming, therefore it just showed up out of nowhere unpredictably spoiling the heretofore unbreakable, incorruptible boom everyone was talking about...

Bild: Unsplash Zahlreiche Anlagevehikel gelten heute als nachhaltig. Dies erschwert die Orientierung in diesem Dschungel der Definitionen. Sacha Bernasconi von Syz AM zeigt auf, welche Nachhaltigkeitsbereiche für Investoren interessant sind. Eine Antwort auf die Frage nach der Definition von Nachhaltigkeit liefert die Naturwissenschaft. Verantwortlich für den Klimawandel und den Temperaturanstieg...

By the time things got really bad, China’s economy had already been slowing for a long time. The currency spun out of control in August 2015, and then by November the Chinese central bank was in desperation mode. The PBOC had begun to peg SHIBOR because despite so much monetary “stimulus” in rate cuts and a lower RRR banks were hoarding RMB liquidity. Late 2015 was not a fun time in China. The idea of economic...

I was on Fox Business today. Stuart Varney introduced me by asking me about my forecast for a Santa Claus rally–a year-end recovery in equities. From a technical perspective, I liked the fact that the S&P 500 successfully retested last month’s lows last week. I liked that the price action made last Friday’s price action into an island bottom, with a gap lower opening followed by Monday’s gap higher opening. In terms...

Is the Fed’s monetary tightening about over? Maybe, maybe not but there does seem to be some disagreement between Jerome Powell and his Vice Chair, Richard Clarida. Powell said just a little over a month ago that the Fed Funds rate was still “a long way from neutral” and that the Fed may ultimately need to go past neutral. Clarida last week said the FF rate was close to neutral and that future hikes should be “data...

The investment climate will be shaped by three events next week. ECB President Draghi’s testimony before the European Parliament to kick-off the week. Fed Chairman Powell speaks to the NY Economic Club in the middle of the week. Presidents Trump and Xi are to meet at the G20 meeting to end the week in hopes of dialing back the escalating trade conflict. Also at the G20 summit, the NAFTA2.0 is expected to be signed, and...