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Fed asked Blackrock to sell Chinese stocks in their client portfolios


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#1 risktaker

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Posted 14 May 2020 - 09:57 PM

The Fed is making Blackrock sell American-listed Chinese stocks in their clients portfolios.

Are their human rights violated when they do not want to sell?

https://www.prnewswi...-301058783.html

What happens if China decides to reprimand US in kind?
What if China pull their investments out of the US?
Worse than that, what if the Chinese government retaliate by selling their Trillion dollar portfolio of US Treasuries?

We have enough financial issues to be concerned with in the US.

Edited by risktaker, 14 May 2020 - 09:58 PM.


#2 pdx5

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Posted 14 May 2020 - 10:06 PM

If China and USA trade comes to a halt, middle class manufacturing jobs in USA will sky rocket.


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#3 typicalbear

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Posted 15 May 2020 - 12:57 AM

If China and USA trade comes to a halt, middle class manufacturing jobs in USA will sky rocket.

 

Stagflation?



#4 kaiser soze

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Posted 15 May 2020 - 01:15 AM

Efficiencies, lower costs and productivity growth made possible by technological advances might prevent stagflation. The single biggest accelerant for 70s inflation, namely the energy crunch, does not look likely to happen for the foreseeable future.  This is true not only because of fracking-related production growth but also due to falling photovoltaic panel prices making solar now competitive with fossil fuels for electricity generation.

 

 

If China and USA trade comes to a halt, middle class manufacturing jobs in USA will sky rocket.

 

Stagflation?

 



#5 andr99

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Posted 15 May 2020 - 01:52 AM

What happens if China decides to reprimand US in kind?
What if China pull their investments out of the US?
Worse than that, what if the Chinese government retaliate by selling their Trillion dollar portfolio of US Treasuries?

We have enough financial issues to be concerned with in the US.

 

 

what happens ? it happens that the USA economy will be destroyed, but I guess the chinese don' t want it as they need someone to sell their cheap, low quality for most part, products  


Edited by andr99, 15 May 2020 - 01:53 AM.

forever and only a V-E-N-E-T-K-E-N.....though partly langbardic


#6 andr99

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Posted 15 May 2020 - 11:48 AM

whatever the street man thinks about china as a commercial partner, it doesn' t count much. What counts more is what the big western companies think about that commercial partner. And for sure 1,400 million consumers are more important to western capitalism than any opinion that the western street man might have about the troubled commercial relationships East-West.

 

Currently everything is china made because western companies have moved their productions there. They made so in order to get lower production prices and create a new market of 1,400 million consumers. If moving productions there, means loosing jobs in the west......that' s a problem of the poor  western classes, not of the big companies. So, before criticising china, we should ask something to our western big companies that move productions where they want and internal politics as they want, by the way not just in europe or in italy.......that counts like nothing. Maybe the west has a problem with some internal lobbies......... 


Edited by andr99, 15 May 2020 - 11:58 AM.

forever and only a V-E-N-E-T-K-E-N.....though partly langbardic


#7 risktaker

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Posted 15 May 2020 - 01:08 PM

I think you guys are completely off.

Everyone has a talent, you have one, I have one. You are way better at something than most people out there. If I take your job, I have no income. Neither do you if you take mine.

China is way better than us in hiring decent skilled people in manufacturing, willing and able to do everything manual. We are much better at design and brainwork. Cooperation and friendly competition between us is not only financially profitable, but fulfilling for everybody.

Would you like to do low-paid, repetitive, manual assembly work? I do, but only an hour at a time.

Trumps policies and tariffs are affecting everybody because nobody get to do the job they want, we in the US are paying for the tariffs with most things we buy. Everything we use has parts or raw materials made in China that we pay tariffs on. China rarely pay the tariffs, consumers in the US do.

#8 OEXCHAOS

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Posted 15 May 2020 - 01:42 PM

Guys, this is drifting a bit political and off topic.

 

M


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#9 Ned38

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Posted 17 May 2020 - 09:39 AM

Here's a link relevant to this. 

 

https://www.reuters....s-idUSKBN22R1KC

 

Taiwan Semi is getting screwed too and the retaliations by China will be both swift and harsh



#10 risktaker

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Posted 18 May 2020 - 08:27 PM

Several Chinese stocks went up a lot after Blackrock was made to sell.

Today:
PDD +8.42%
JD +9.2%
BABA +5.2%
BIDU +7.74%