Trade War

Frontrunning: November 25

  • Dollar rally pauses, Italian stocks underperform (Reuters)
  • Retailers Vie for Black Friday Dollars (WSJ)
  • Holiday Price War Intensifies as Wal-Mart, Target Pursue Amazon (BBG)
  • U.S. Pushes Iran on New Measures to Fortify Nuclear Deal (WSJ)
  • Brent and WTI see small gains as end of year approaches (Reuters)

Is The US Next: Facebook "Quietly" Develops Censorship Tool In Chinese Market Push

Facebook has quietly developed software to suppress posts from appearing in people’s news feeds in specific geographic areas. The feature was created to help Facebook get into China, a market where the social network has been blocked, although it is not limited to any location. Mark Zuckerberg has supported and defended the effort.

China Warns It Is Ready To Slow Yuan Plunge On Capital Outflow Fears

While Chinese policymakers have taken the yuan's recent slide in stride, they are getting ready to slow its descent - i.e., sell reserves -  for fear of fanning capital flight if the currency falls too quickly through the psychologically important 7-per-dollar level, Reuters reports citing policy advisers.

Axel Merk On Gold - What Happens Next?

After an initial surge in the hours after Donald Trump’s election, the price of gold has been under pressure. To gauge what’s ahead for the yellow metal, we dissect the forces that may be at play...

GoldCore's picture

The recent sharp gold price fall is again causing jitters among some investors, who forget that gold remains more than 14% higher in dollar terms, 16.5% higher in euro terms and 36% higher in sterling terms year to date. Thus, outperforming most stock market indices so far this year.

China's President Calls Trump, Tells Him "Cooperation Is The Only Choice"

China's President Xi Jinping called Donald Trump and told him that cooperation was the only choice for relations between the world's two largest economies, with Trump saying the two had established a "clear sense of mutual respect". "The facts prove that cooperation is the only correct choice for China and the United States," China Central Television (CCTV) cited Xi as saying.

David Rosenberg Calls For A Multi-Trillion, "Helicopter Money" Stimulus Package

David Rosenberg has a modest proposal in mind for the US economy: he says only a massive, multi-trillion stimulus package which includes helicopter money attached to a $2 trillion perpetual bond, massive infrastructure spending and measures to tackle the $1 trillion student debt load, has any hope of kickstarting the US economy.

Brexit - Winners & Losers

UK prime minister Theresa May hopes the EU will come to its senses and negotiate a fair Brexit settlement. Unfortunately, current rhetoric suggests a “hard brexit” is the most likely scenario.

Globalization Is Done

The end of growth exposes the stupidity and ignorance of all but (and even that’s a maybe) a precious few (of our) ‘leaders’. We are transcending into an entirely different stage of our lives, our economies, our societies. Growth is gone, it went out the window long ago only to be replaced with debt. And that’s going to take a lot of getting used to. But there’s nothing that says we couldn’t see it coming.