https://www.scmp.com...-china-after-us
US-China Trade War Outlook
Started by
redfoliage2
, Jul 26 2018 10:45 AM
6 replies to this topic
#2
redfoliage2
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Posted 26 July 2018 - 11:30 AM
So I expect USD/CNH goes to 7 in a couple of weeks.................
Edited by redfoliage2, 26 July 2018 - 11:36 AM.
#3
fib_1618
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Posted 26 July 2018 - 12:38 PM
So I expect USD/CNH goes to 7 in a couple of weeks.................
As I've said before, there is no war...this is a misnomer provided by the uneducated and politically biased industry heads and media.
Bottom line: China needs us and our prosperity more than we need them...the EU knew this and why they quickly caved.
Everthing's going to be OK. (EGBOK)
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
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Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
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#4
typicalbear
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Posted 26 July 2018 - 01:13 PM
The "world's greatest negotiator" made major concessions on the 25% auto tariffs, made an insignificant soybean announcement (ZS-201811 beans are up about 2 cents on the deal) and LNG, because of logistics and infrastructure requirements, will take over 2 years for delivery at a price 25% higher than Russian nat gas. Then, the "negotiator" had a Rose Garden presser to claim victory and enable the market rally. The EU comm accommodated enough to participate and go along with the script.
The Chinese saw what I saw... blink blink blink
#5
SemiBizz
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Posted 26 July 2018 - 01:57 PM
You can see whatever you want, but the market gets it, and it's never WRONG...
People can be wrong, but markets are NEVER WRONG...
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#6
fib_1618
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Posted 26 July 2018 - 02:32 PM
The "world's greatest negotiator" made major concessions on the 25% auto tariffs,
There was only talk on auto tariffs...the steel and aluminum tariffs remain in place while the US and EU continue to negotiate.
It's not all as cut and dry as some might tell you...there are 3 decades of complexities (no less Brexit) that will need to be unraveled before we're back to actual "fair trade".
Oh...and at least we have someone actually negotiating in OUR best interest and not those who would rather think that we're the problem with the world and should be made to pay for our status on the world stage..
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
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#7
Data
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Posted 26 July 2018 - 03:32 PM
There is a war but it's with China, Russia, and Iran. Made in China 2025 is a threat to US, Japan, Taiwan, and Korea. They're no longer dependent on external technology for military if they succeed. You can't embargo hardware to try to weaken their military.
