One of the most significant pullbacks of Chinese FDI into the US was in property and hospitality, where it fell to $280 million in 1H19, from $8.66 billion in 1H16, a 97% crash in three years.
"Like many in our industry, Barneys New York’s financial position has been dramatically impacted by the challenging retail environment and rent structures that are excessively high relative to market demand."
"We’ve got massive financial bubbles – caused largely by artificially low interest rates and QE – in financial assets: global stocks and bonds – likely to see correction, and investors trying to exit illiquid bond markets."
"the pattern in US stock market sentiment has come to even more closely resemble the picture of sentiment on the eve of the 2008 Lehman Brothers collapse that marked the onset of the global financial crisis."
Naming China a manipulator, given the absence of teeth to the law, should have less substantive impact on activity and asset markets than a tariff increase, but it will likely add to asset market pressures in the short term.
"You cannot tell China on the one hand to be aligned with you on Iran and North Korea and at the same time decide you’re going to retard or destroy some of their corporations."
