https://www.reuters....a-idUSKBN1KP04W
Edited by redfoliage2, 04 August 2018 - 08:09 AM.
Escalation on the U.S.-China Trade War
Started by
redfoliage2
, Aug 04 2018 08:04 AM
14 replies to this topic
#2
pdx5
-
- Traders-Talk User
- 9,527 posts
I want return OF my money more than return ON my money
Posted 04 August 2018 - 11:30 AM
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
#3
pdx5
-
- Traders-Talk User
- 9,527 posts
I want return OF my money more than return ON my money
Posted 04 August 2018 - 11:38 AM
$506B Tariffs versus $130B Tariffs. Who is gonna hurt more? By a factor of 4:1.....
Another way to look at it, $130B is much smaller slice of US economy than
$506 Billion is of China's economy. If full scale trade war occurs (unlikely, China
will blink first) ever wonder how many million Chinese manufacturing workers will be
walking the streets?
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
#4
fib_1618
-
- Traders-Talk User
- 10,145 posts
Member
Posted 04 August 2018 - 03:36 PM
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.
Technical Watch Subscriptions
#5
da_cheif
-
- Traders-Talk User
- 10,960 posts
Member
#6
SemiBizz
-
- Traders-Talk User
- 23,208 posts
Volume Dynamics Specialist
Posted 05 August 2018 - 11:58 AM
Be a lot of screaming if this little spat ends up in the South China Sea...
All over Asia and elsewhere.
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
#7
redfoliage2
-
- Traders-Talk User
- 18,017 posts
Member
Posted 05 August 2018 - 04:10 PM
Rumor from BJ that Chinese leadership issued a notice to the government agencies including the foreign ministry no one should make comments on trade talks without the leadership's authorization, after the foreign minister Wang Yi's misleading comments on intention of trade talks at a recent meeting with U.S. Secretary of State. Obviously the leadership currently does not want to go for a trade talk.
I think this guy has a more insightful analysis:
https://www.cnbc.com...-trade-war.html
Edited by redfoliage2, 05 August 2018 - 04:19 PM.
#8
redfoliage2
-
- Traders-Talk User
- 18,017 posts
Member
#9
redfoliage2
-
- Traders-Talk User
- 18,017 posts
Member
Posted 05 August 2018 - 09:19 PM
A DCB is going on with China Shanghai index tonight .........
Edited by redfoliage2, 05 August 2018 - 09:23 PM.
#10
fib_1618
-
- Traders-Talk User
- 10,145 posts
Member
Posted 06 August 2018 - 05:30 AM
Be a lot of screaming if this little spat ends up in the South China Sea...
All over Asia and elsewhere.
Though no one really knows what a cat will do when cornered, China needs our capitalistic money in order to carry out their Communist Manifesto, so I don't see this as being a reasonable expectation.
Prediction: this should all be over by year's end as the "paper tiger" is offered a deal it can't refuse which will allow them to save face.
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.
Technical Watch Subscriptions
