Steady as in the rate of increase remains the same whether under O or T
Dillon AL 21:51:05 GMT - 08/05/2018
The reality is that pace of increase of US Debt remains steady under Trump
Dillon AL 21:50:24 GMT - 08/05/2018
US Debt omg I was giving him an additional year in office
Jan 20 2017 19.947 trillion makes no odds to my statement below
Dillon AL 21:47:22 GMT - 08/05/2018
US Debt
Jan 20 2016 $18.941 trillion
Aug 03 2018 $ 21.313 trillion
Yes O doubled it but the final tally from Trump.......... well we shall see but if he thinks that he can make substantial inroads then in essence he is starting on the back foot
Mtl JP 18:46:01 GMT - 08/05/2018
TARIFFS - Donald vs Xi
--------------------------
Week-end update
Tariffs are working big time. Every country on earth wants to take wealth out of the U.S., always to our detriment. I say, as they come,Tax them. If they don’t want to be taxed, let them make or build the product in the U.S. In either event, it means jobs and great wealth... ..Because of Tariffs we will be able to start paying down large amounts of the $21 Trillion in debt that has been accumulated, much by the Obama Administration, while at the same time reducing taxes for our people. At minimum, we will make much better Trade Deals for our country! - Donald J. Trump @realDonaldTrump 7h7 hours ago
Xi and his minions for their turn continue to demonstrate their obtuseness.
RTRS Report on cnbc:
China won't accept U.S. trade 'blackmail': State media
China's state media said on Saturday the government's retaliatory tariffs on $60 billion of U.S. goods showed rational restraint.
Mtl JP 07:49:48 GMT - 08/04/2018
Trump administration lifts GMO crop ban for U.S. wildlife refuges
(Reuters) - The Trump administration has rescinded an Obama-era ban on the use of pesticides linked to declining bee populations and the cultivation of genetically modified crops in dozens of national wildlife refuges where farming is permitted.
Mtl JP 20:37:42 GMT - 08/03/2018
2.951% <- 2.955% from 2.964 from 2,978% earlier
today stocks appeared to like (went uP) lower cost of borrowing
-
pic is that of USDX and the Trump vs Powell argument
it is ongoing with powell currently winning
Benchmark's yield however has a stubbornly high degree of resistance to breaching N of 3%. It has been above 3% ytd ever so briefly sofar with a 3.113 HYTD. Some sort of allergy.
Seeking a cure. Tia.
Mtl JP 18:16:06 GMT - 08/03/2018
For The Record via MSM record:
President Trump on Thursday:
- “China is not happy with me.”
- “The politicians just watched as other countries stole our jobs, plundered our wealth and got the crown jewels of the American economy,”
- “I am not another politician. I keep my promises.”
On Friday Larry Kudlow, director of the National Economic Council, warned China that Beijing "better take Trump seriously" on trade.
- “I might think the $60 billion is a weak response to our $200 (billion),”
- “there is a lot they can do to damage our companies in China.”
- “China is increasingly isolated with a weak economy.”
- “Foreign investors don’t want to be in China. I noticed today that Japan’s stock market is now worth more than China’s – I love that,”
- “Their economy’s weak, their currency is weak, people are leaving the country. Don’t underestimate President Trump’s determination to follow through.”
- “Some of the currency fall though, I think, is just money leaving China cause it’s a lousy investment and if that continues that will really damage the Chinese economy,”
“Any talks in the future, should they happen, should be conducted on an equal and faithful basis.” - Gai Xinzhe, analyst at the Bank of China’s Institute of International Finance in Beijing.
Aping Gai: “China always believes that consultation on the basis of mutual respect, equality and mutual benefit is an effective way to resolve trade differences,”
“Any unilateral threat or blackmail will only lead to intensification of conflicts and damage to the interests of all parties.”
“Cooperation is the only right choice for China and the United States,” Chinese Foreign Minister Wang Yi
I partially agree with Wang: China needs to start to co-operate.
Livingston nh 17:12:03 GMT - 08/03/2018
As long as the president is willing to play the National Security Toys left behind by his predecessors he should push the various Pipeline and HarborProjects thru w/o review or courts // we produce a lot more than we can ship - at least we avoid the TALK vs. ACTION on trade
GVI Trader john 17:06:57 GMT - 08/03/2018
Baker Hughes Rig Count
NEWS ALERT
U.S.
Total: 1044 vs. 1048 (-4) prev.
Oil: 859 vs. 861 (-2) prev.
2.955 from 2.964 from 2,978% earlier
in unusual reaction stocks are currently somewhat uP
Mtl JP 16:16:37 GMT - 08/03/2018
GVI Trader john 18:19 GMT July 31, 2018
BREAKING NEWS: Reply
we don't have much faith in the Atlanta Fed GDP forecasts
-
still valid OR
changed your mind ?
GVI16:12:09 GMT - 08/03/2018
Atlanta Fed cuts Q3 GDP forecast to 4.4% from 5.0% prior The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2018 is 4.4 percent on August 3, down from 5.0 percent on August 1. After this morning's data releases, the nowcasts of third-quarter real consumer spending growth and third-quarter real private fixed investment growth declined from 3.4 percent and 5.9 percent, respectively, to 2.9 percent and 4.2 percent, respectively. These declines more than offset an increase in the nowcast of the contribution of inventory investment to third-quarter real GDP growth from 1.80 percentage points to 1.95 percentage points.
- Source TradeTheNews.com
GVI16:12:09 GMT - 08/03/2018
Atlanta Fed cuts Q3 GDP forecast to 4.4% from 5.0% prior The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2018 is 4.4 percent on August 3, down from 5.0 percent on August 1. After this morning's data releases, the nowcasts of third-quarter real consumer spending growth and third-quarter real private fixed investment growth declined from 3.4 percent and 5.9 percent, respectively, to 2.9 percent and 4.2 percent, respectively. These declines more than offset an increase in the nowcast of the contribution of inventory investment to third-quarter real GDP growth from 1.80 percentage points to 1.95 percentage points.
- Source TradeTheNews.com
Mtl JP 14:14:23 GMT - 08/03/2018
2.964 now from 2,978% earlier
jerome just wont let 3% ++ happen
Mtl JP 14:14:23 GMT - 08/03/2018
2.964 now from 2,978% earlier
jerome just wont let 3% ++ happen
08:00 *(CN) CHINA RELEASES PROPOSED RETALIATION TO US TARIFF THREAT; to levy differentiated tariffs (import tax) on ~$60B in US goods
- To implement the tariffs as soon as US implements them
- Measures aim to curb escalation in trade friction
- Source TradeTheNews.com
Mtl JP 12:07:28 GMT - 08/03/2018
so how did you monetize it ?
GVI Trader Jay Meisler 12:02:51 GMT - 08/03/2018
No details. All I can say about tradethenews.com is that is a timely, invaluable service.
08:00 *CN CHINA RELEASES PROPOSED RETALIATION
- Source TradeTheNews.com
Mtl JP 11:42:33 GMT - 08/03/2018
zigzag pattern
- is when a male behavior pattern in public urinal making zigzag pattern with stream trying to drown flies while fixing his tie.
--
Note: Shanhai stock index down 16+% YTD (another type of zigzag)
..."China’s stock slide seems have prompted officials to try and talk up the market. The Securities Daily, widely regarded as speaking on behalf of the country’s securities regulator, on Friday published what can be described as a “pep talk” article similar to what was printed Thursday by the People’s Daily, the Communist Party’s mouthpiece. The Securities Daily attributed stock declines to liquidity tightening and trade tensions and said the market’s weakness “isn’t justified” given undemanding valuation, solid fundamentals and increasing proactive policies. Despite saying the Shanghai Composite could breach early 2016’s low of 2,638, the Securities Daily says it expects a zig-zag uptrend to emerge, based on cycle analysis, by the end of August."...
Numbers must be super good. Stox like it everywhere green green green.
Bali Sja 11:30:50 GMT - 08/03/2018
JP, talking about fake news. Even tradethenews.com is also fake news ? 😂😂
Mtl JP 11:25:56 GMT - 08/03/2018
exactly what yuan strength r the analysts talking about
GVI Trader11:16:44 GMT - 08/03/2018
USDCNY falls on this and drags USD lower
07:10 (CN) China PBoC adjusts the Reserve Requirement on FX Forwards trading from 0% (nil) to 20%
**Reminder: In Sept 2017 PBoC removed the reserve conditions for yuan forwards trade from 20% to zero
- Analysts noted that the removal of reserve requirement showed China was getting uncomfortable with recent yuan strength
- Source TradeTheNews.com
GVI11:11:25 GMT - 08/03/2018
SNB's Jordan: Reiterates that have room to lower rate if necessary - Skeptical about the use of higher inflation targets- Cannot accurately assess size of future balance sheet
- Source TradeTheNews.com
GVI Trader john 08:31:36 GMT - 08/03/2018
Another miss.
GVI Trader john 08:30:52 GMT - 08/03/2018
-- NEWS ALERT --
53.5 vs. 54.7 exp. vs. 55.1 prev.
jp - no doubt Carney plays to his audience - he played the Brexit fear of unknown before and after the vote as it suited him // the hike itself is of no consequence yet but if Brexit chaos does show up in Q4 today will be part of the Blame Game -- Carney gets out of Dodge but Broadbent might not get his Chair
GVI Trader john 12:23:12 GMT - 08/02/2018
I feel it is a mistake to take the BOE 9-0 vote as a signal about the future. I think it was simply consensus on this one decision.
Mtl JP 12:18:18 GMT - 08/02/2018
just consider what players think of the rockstar's credibility post 9-0 hike vote ! (9-0 was u n e x p e c t e d )
Mtl JP 12:13:18 GMT - 08/02/2018
nh dont u think for one second carney concern for keeping UK under the heel of Brussels has somehow faded out as his #1 priority
Livingston nh 12:08:20 GMT - 08/02/2018
After Carney's warning to Parliament 2 wks ago - Brexit didn't even get a mention
Mtl JP 12:02:43 GMT - 08/02/2018
1.3020
traders are laughing all the way to the bank
I suspect they ll miss the globalist and anti-brexit rockstar when he finally retires
GVI11:35:51 GMT - 08/02/2018
BOE Gov Carney:Need a modest tightening of monetary policy - post rate decision press conference - UK Seeing buildup of domestic inflation pressure - Above target inflation reflects past GBP currency (Sterling) depreciation and higher energy prices- Pay growth has picked up in recent years- Domestic economy recovering from Q1 weakness that was primarily due to weather - Economy to move to excess demand by late 2019
Share
Information received since the Federal Open Market Committee met in June indicates that the labor market has continued to strengthen and that economic activity has been rising at a strong rate. Job gains have been strong, on average, in recent months, and the unemployment rate has stayed low. Household spending and business fixed investment have grown strongly. On a 12-month basis, both overall inflation and inflation for items other than food and energy remain near 2 percent. Indicators of longer-term inflation expectations are little changed, on balance.
Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. The Committee expects that further gradual increases in the target range for the federal funds rate will be consistent with sustained expansion of economic activity, strong labor market conditions, and inflation near the Committee's symmetric 2 percent objective over the medium term. Risks to the economic outlook appear roughly balanced.
In view of realized and expected labor market conditions and inflation, the Committee decided to maintain the target range for the federal funds rate at 1-3/4 to 2 percent. The stance of monetary policy remains accommodative, thereby supporting strong labor market conditions and a sustained return to 2 percent inflation.
In determining the timing and size of future adjustments to the target range for the federal funds rate, the Committee will assess realized and expected economic conditions relative to its maximum employment objective and its symmetric 2 percent inflation objective. This assessment will take into account a wide range of information, including measures of labor market conditions, indicators of inflation pressures and inflation expectations, and readings on financial and international developments.
Voting for the FOMC monetary policy action were: Jerome H. Powell, Chairman; John C. Williams, Vice Chairman; Thomas I. Barkin; Raphael W. Bostic; Lael Brainard; Esther L. George; Loretta J. Mester; and Randal K. Quarles.
NEWS ALERT
Crude Oil: +3.800 vs. -3.200 exp vs. -6.100 prev.
Distillates: +3.000 vs. +0.200 exp vs. -0.100 prev.
Gasoline: -2.500 vs. -1.500 exp vs. -2.300 prev.
PMI for the FOMC - " Average prices charged for goods consequently rose at the steepest rate for seven years, which is likely to feed through to higher consumer prices in coming months."
Iran sanctions kick in next week - do you think China will care? China SEZ anybody that complies w/ Iran sanctions can't do biz w/ China??
I see your FIVE and I raise you TEN-- that's a Trade WAR
GVI Trader23:15:54 GMT - 07/31/2018
Stock futures down on this?
(CN) US considering 25% tariff on $200B worth of goods from China (initial plan was 10% on the $200B in goods); trying to encourage China to return to talks - US financial press
- Source TradeTheNews.com
Mtl JP 18:40:23 GMT - 07/31/2018
GVI Trader john 18:19 whose forecasts do you have faith in ?
GVI Trader john 18:19:47 GMT - 07/31/2018
we don't have much faith in the Atlanta Fed GDP forecasts
GVI17:47:33 GMT - 07/31/2018
Atlanta Fed forecasts initial Q3 GDP growth at 4.7% The initial GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2018 is 4.7 percent. The advance estimate of second-quarter real GDP growth released by the U.S. Bureau of Economic Analysis on July 27 was 4.1 percent, 0.3 percentage points above the final GDPNow model nowcast released on the previous day.
- Source TradeTheNews.com
GVI Trader john 14:01:59 GMT - 07/31/2018
U.S. Conference Board Survey July 2018
NEWS ALERT 127.4 vs. 126.0 exp. vs. 126.4 (r ) prev.
Mon 27 May 2019 AAGB/US- Holiday Tue 28 May 2019 A 14:00 US- Consumer Confidence C 13:00 US- Case-Shiller Wed 29 May 2019 A 08:55 DE- Employment AA 18:00 US- BOC Decision A 18:30 US- EIA Crude Thu 30 Mar 2019 AAEZ/CH- Holiday A 12:30 US- Weekly Jobless Fri 31 Mar 2019 AA 10:00 EZ- Flash HICP A 12:30 US- Personal Income, Spending, Deflator AA 14:00 US- Final Univ of Michigan
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