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Peter Navarro Tells CNBC To Prepare For Dow 32,000
Tuesday, December 31, 2019 - 11:49am | 495Read More...White House trade advisor Peter Navarro was a guest on CNBC Tuesday to talk trade deals and his outlook for 2020. He predicted the Dow will hit 32,000 in 2020 during the interview. Phase One 'In The Bank' The "phase one" component of the U.S.-China trade deal is "...
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The Stock Market Is Looking Lackluster This Morning as Investors Close Out Decade
Tuesday, December 31, 2019 - 10:48am | 1468Read More...The market closes the books on 2019 today, marking the final chapter in a record-breaking year. As we enter the new year, investors may want to keep an eye on the U.S. embassy situation in Iraq as situations in the Middle East can escalate and perhaps affect the oil market and, if they get big...
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Apple Stock Rallied This Year, But 5 Analysts Also Turned Bearish
Friday, December 27, 2019 - 5:40pm | 404Read More...Shares of Apple Inc. (NASDAQ: AAPL) are poised to end the year with a gain of more than 80%, but the stock will enter 2020 with some skepticism from Wall Street analysts, according to CNBC. 5 Apple Analysts Turn Bearish Apple may be the "king" of large-cap companies, but it has...
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Hong Kong Clashes Continue, Lam Says Protests 'Ruined Christmas'
Thursday, December 26, 2019 - 4:31pm | 451Read More...Protests in Hong Kong continued over the Christmas holiday with a flurry of tear gas and arrests as police clashed with protesters following weeks of relative calm, according to The Wall Street Journal. Thursday marked the third straight day of political unrest over the Christmas period...
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Trade War Truce No Panacea For China Manufacturer Drift
Friday, December 20, 2019 - 10:02am | 1444Read More...The decision by China and the U.S. to pull back from another escalation of their mutually destructive tariff war is unlikely to stop the continued migration of multinational corporations (MNC) from China as they seek to avoid tariffs and diversify risk. As reported in FreightWaves earlier this...
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Ex-Macy's CEO Talks Retail Environment, Says The Consumer Is The Real Winner
Thursday, December 19, 2019 - 5:24pm | 542Read More...Former Macy's Inc (NYSE: M) CEO and Chairman Terry Lundgren said on CNBC's "Squawk Box" segment Thursday that the retail industry, like every other sector, is divided into winners and losers. Former Macy's CEO Says Consumers Are The Winner The real winner in the...
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Mnuchin Talks China, USMCA: 'We Look Forward To All These Year-End Wins'
Thursday, December 19, 2019 - 4:31pm | 485Read More...Treasury Secretary Steven Mnuchin was a guest on CNBC Thursday to discuss the USMCA and Chinese trade deals. Mnuchin Says USMCA Should Spur GDP Growth The USMCA trade deal will replace the NAFTA agreement, and once enacted will contribute an incremental 50 basis points of GDP growth, Mnuchin...
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10 Stocks Sensitive To Major Developments In US-China Trade Talks
Wednesday, December 18, 2019 - 1:20pm | 697Read More...The "phase one" trade deal announced by the U.S. and China Friday saw many stocks jump, with investors breathing a sigh of relief as the U.S. pulled back on $160 billion in new tariffs that were set to go into effect Sunday. A number of sectors — including tech...
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What The Pros Are Saying About Phase One Of The US-China Trade Deal
Monday, December 16, 2019 - 4:52pm | 541Read More...Business confidence is sitting at the low levels typically reserved for recessions, and the finer details of the Phase One trade deal between the U.S. and China aren't enough to improve sentiment, Lori Calvasina, head of U.S. strategy at RBC Capital Markets, said Monday on "...
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Cramer Says Costco's Business Model Works 'Perfectly' In US, Even Better In China
Monday, December 16, 2019 - 11:52am | 389Read More...Costco Wholesale Corporation's (NASDAQ: COST) business model of offering consumers compelling products at attractive prices works "perfectly in a trade war," but a new store in China is working even better, according to CNBC's Jim Cramer. Cramer Says Costco Will 'Figure...
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PreMarket Prep Recap: Trade War, Brexit Movers, Oracle Earnings
Friday, December 13, 2019 - 5:47pm | 607Read More...In addition to discussing the price action induced by the ongoing trade war with China, issues in the crosshairs of Brexit were discussed on Friday's PreMarket Prep Show. Deal On, Deal Off, Deal On Again As hard it is to ignore the often-conflicting trade war headlines, the fact of the...
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China, Trump Confirm Phase 1 Trade Deal, Avoiding $160B In New Tariffs
Friday, December 13, 2019 - 11:51am | 534Read More...Chinese officials said Friday that the a Phase One agreement has been reached with the U.S. on trade that includes a phased rollback of tariffs. The Dow Jones Industrial Average jumped more than 100 points as Chinese officials began a press conference late Friday Chinese time to announce the...
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Market Awaits Confirmation Of US-China Trade Deal
Friday, December 13, 2019 - 10:09am | 490Read More...As of Friday morning, China had yet confirmed a Phase One trade deal, and the U.S. had offered no details on the agreement reported Thursday night. Nobody seems to know what’s going on, but the markets have a hunch: the SPDR S&P 500 ETF Trust (NYSE: SPY) steadily surged on the early...
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Report: China To Purchase $50B In US Farm Products In Exchange For Tariff Relief
Friday, December 13, 2019 - 8:29am | 381Read More...The United States could halt proposed tariffs on Chinese goods in exchange for China’s proposal to buy $50 billion in the U.S. farm products in 2020, according to Reuters. What Happened Sources said on Thursday that President Donald Trump could sign a last-minute trade deal with China to...
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Trump Reportedly Signs Off On Phase 1 China Trade Deal, Delays $160B In New Tariffs
Thursday, December 12, 2019 - 5:55pm | 357Read More...President Donald Trump signed off on a phase one trade deal with China on Thursday that delays $160 billion in new tariffs on Chinese imports that were scheduled to take effect Sunday, according to Bloomberg reporter Jennifer Jacobs. Trade advisors were meeting Thursday afternoon with Trump...
















