Asia stocks struggle for direction as investors watch US Treasury yields
POINTS Stocks in Asia were mixed on Wednesday following an overnight inversion of a closely watched U.S. Treasury yield curve to its worst level in more than a decade. The spread between the 10-year Treasury yield and the 2-year rate fell to negative 5 basis points on Tuesday, its lowest level since 2007. Closer to […]
Warren Buffett’s advice during a market crash
6. Avoid Leverage That Amplifies Stress During A Market Crash: Sure, there’s stress during a crash – lots of it. Add margins (meaning loans that you incurred to buy more stocks) and you get more stress. Those loans have to be paid – right in the middle of a market crash. Malo. 7. Don’t Try […]
Dow falls more than 200 points as U.S.-China trade worries and Hong Kong unrest weigh
Stocks traded lower Monday, building on the previous week’s decline on lingering worries over U.S.-China trade tensions and continued unrest in Hong Kong. How are the major benchmarks performing? The Dow Jones Industrial Average DJIA, -1.21% fell 227 points, or 0.9%, to 26,056, while the S&P 500 index SPX, -1.08% shed 22 points, or 0.8%, to 2,896. The Nasdaq Composite Index COMP, -0.96% dropped […]
Disney Goes After Netflix With $13-a-Month Streaming Bundle
Walt Disney Co. is pricing a new bundle of streaming services at a surprisingly low $12.99 a month, challenging Netflix Inc. with a package that includes family programming, live sports and a deep library of television shows. The entertainment giant announced the combined pricing for Disney+, ESPN+ and Hulu on a conference call Tuesday with investors. It will […]
“On A Scale Of 1-10, It’s An 11” – Wall Street Reacts To China’s Retaliation
One day after China finally snapped, and demonstratively refused to intervene and keep the CNH above 7.00 vs the dollar, escalating the trade war into a currency war, stocks are tumbling and Wall Street analysts – all of whom had been bullish until now – are scrambling to adjust their narrative. With the S&P dropping […]
Trump Says Things Going `Well’ With China After New Tariff Shock
President Donald Trump said “things are going along very well with China,” two days after his move to threaten tariffs on hundreds of millions of dollars in additional Chinese imports sent global stock markets tumbling. Trump said that “so far our consumer is paying nothing” from the levies imposed on China, repeating a widely-challenged assertion […]
U.S. Record Debt Sales Continue as Deficits Head to $1 Trillion
The U.S. Treasury Department announced plans to maintain record debt sales as Republicans and Democrats continue a spending frenzy that’s widening the deficit even as economic growth remains solid. President Donald Trump is set to sign legislation to suspend the debt limit and boost domestic and defense spending, pushing the annual budget deficit over $1 […]
Europe Joins U.S. Companies Moving Out Of China
A Marit Maersk cargo ship sets off from the Qingdao Qianwan Container Terminal in China. European manufacturers are following in the footsteps of their American counterparts and sourcing goods elsewhere due to the trade war Make no mistake about it, the trade war is absolutely remapping global supply chains … to the detriment of Chinese […]
Trump Lashes Out at China as Trade Talks Resume; Stocks Fall
President Donald Trump lashed out at China for what he said is its unwillingness to buy American agricultural products and said it continues to “rip off” the U.S., just as the two nations resumed negotiations in Shanghai after a three-month breakup. “China is doing very badly, worst year in 27 — was supposed to start […]
Hasbro to start making toys in Vietnam and India as US-China trade war goes on
Tokyo — The trade war is changing the landscape of toy land, with Hasbro accelerating plans to shift away from China in favour of new plants in Vietnam and India. The world’s largest publicly traded toymaker, which has licences for popular franchises such as “Frozen” and the “Avengers,” said US goods produced in China could […]