Trade Deficit

1987 Versus 2017: Will History Repeat Or Just Echo?

"...no single event can be blamed for the crash that occurred on October 19, 1987, rather a confluence of factors and events caused a rapid erosion in market confidence. The same can be said in 2017. No single factor indicates conclusively that a stock market correction is imminent, but the risks are out there and merit continued attention..."

The Week's Key Events: All Eyes On The ECB

With the US markets closed today, market events this week will be dominated by G10 central bank meetings, among which the ECB stands out. In the US, the key economic release this week is ISM non-manufacturing on Wednesday, while several Fed officials are scheduled to speak this week.

Pat Buchanan Asks "Can The GOP's Shotgun Marriage Be Saved?"

What seems apparent is that the historic opportunity the party had in January, to forge a coalition of conservatives and populists who might find common ground on immigration, trade, border security, spending, culture and foreign policy, is slipping away.

Key Events In The Coming Week: Payrolls, Core PCE, GDP, ISM And More

After last week's relatively quiet economic calendar and focus on Central Banks, attention this week turns back to data. In a relatively busy data week ahead - particularly for the US - focus will likely be on Friday's NFP, Q2 GDP revision on Wednesday, ISM manufacturing reports on Friday and inflation prints from the Eurozone.

China Warns Of "Looming Trade War" With India In Retaliation To Anti-Dumping Duties

"A trade war between China and India seems to be looming after the latter moved last Wednesday to impose anti-dumping duties on 93% from China," China's Global Times warned, adding that "if India really starts a trade war with China, of course China's economic interests will be hurt, but there will also be consequences for India."