Famous Economist: Trade War Could Be Trump’s Shining Reagan Moment

2019-5-21 20:44

By CCN: President Trump has at least one renowned economist in his corner. Mohamed El-Erian is placing Donald Trump in the same category as America’s beloved Ronald Reagan. In an interview with CNBC, El-Erian, who is among the more open-minded economists out there, approached the trade war from a different vantage point.

He said that China stands to lose the most in the trade war ignited by Donald Trump and Xi Jinping. Consider the S&P 500, which is miraculously unchanged over the last politically tumultuous month while emerging market stocks have tanked. Clearly, the trade war is an extremely fluid

The post Famous Economist: Trade War Could Be Trump’s Shining Reagan Moment appeared first on CCN

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2019-5-13 23:30


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2019-5-8 00:29


Trump’s Reckless Trade War Threats Risk Sparking Dow Jones Meltdown

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2019-4-12 20:07


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2019-4-3 18:22


US vs Huawei: A Timeline of 5G, Foldable Phones and the World’s Next Great Tech War

President Trump’s announcement, via Twitter, that the U. S. would not be imposing new tariffs on China on March 1st sent the markets wild in Beijing and New York, but where does this development leave his side-war with Huawei? On Sunday, Huawei blew the roof off the first day of the Mobile World Congress in Barcelona with the launch of its $2600 folding smartphone.

2019-2-26 14:50


Dow Jones Rout: The Cat is in the Bag, the Bag is in Trump’s Hand

Friday started off badly for the Dow Jones industrial average, with all major stock indexes trading markedly lower right out of the gate Friday morning. Nike (NKE) defied gravity at the start of the session after an analyst price-target hike, but got dragged back down to earth with Apple (AAPL), Chevron (CVX), Exxon Mobil (XOM), and the rest of the beleaguered market by the Dow’s 25,106.

2019-2-9 00:42


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Stock Market Bulls Made a Fool’s Gamble on Rate Cuts

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