Category Archives: Trade War

China trade deal is near and Beijing will get everything it wanted – CNBC

Posted on February 18, 2019 by macromon

The U.S.-China trade dispute appears to be ending: Signals are pointing to a done deal. Based on those signs, China will continue to run large trade surpluses with the U.S., and it will never accept Washington-imposed reforms of its trade … Continue reading →

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The Elusive China Trade Deal

Posted on February 16, 2019 by macromon

Forbes asks the $382 billion question this morning,  Is A China Trade Deal Slipping Away? President Trump and Chinese leaders are trying to put a positive spin on their marathon trade talks, but the fact is that there is little … Continue reading →

Posted in China, Trade War, Uncategorized | Tagged , | 1 Comment

China’s Pushback In Trade Talks Over Sovereignty

Posted on February 12, 2019 by macromon

Bingo! Note our comment from an earlier post this evening, Seriously, folks,  do you really think the Middle Kingdom, with all its history and past glory, after climbing back to global superpower status, is now going to cave and give … Continue reading →

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S&P500 Key Levels

Posted on February 12, 2019 by macromon

The S&P closed right at or just a smidgen above its 200-day moving average.   The market rally based on a government shutdown deal?  Come on, man! Another government shutdown wasn’t priced, so why should stocks move on a deal? We … Continue reading →

Posted in Equities, Trade War, Trades, Uncategorized | Tagged , | 8 Comments

The Trade Cascade…

Posted on February 7, 2019 by macromon

The genius market pundits are/will attribute today’s modest decline to the following trade tape bomb from CNBC, Trump is ‘highly unlikely’ to meet Chinese President Xi before March trade deadline  – CNBC Sorry, the Dow was already down 250 points … Continue reading →

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The Free Trade Debate: Markets Losing Patience

Posted on December 7, 2018 by macromon

I bought of very nice pair of denim jeans the other night for $9.00.   When I was in grad school just a few decades ago, I paid $26.00 for a pair of lesser quality.  That is about $62.00 in 2018 … Continue reading →

Posted in Economics, Trade War, Uncategorized | Tagged , , , | 4 Comments

How Trade Helps Both Sides – PIE

Posted on November 7, 2018 by macromon

Interesting piece explaining comparative advantage.  Though it shows the gains,  those cake and pizza makers in each country get hurt.   We always propose taxing some of the gains from winners to help the losers.

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NAFTA Gets The Shafta

Posted on October 1, 2018 by macromon

Scratch NAFTA and welcome in the United States-Mexico-Canada Agreement. The Best Deal In History Once again, sure to be spun as the “greatest trade deal in the history of the world,”  by both sides, for that matter,  but will not … Continue reading →

Posted in Trade War, Uncategorized | 4 Comments

Protecting Workers Without Tariffs | Robert Shiller

Posted on September 30, 2018 by macromon

Published on Sep 24, 2018 Why do so many Americans support the US-initiated trade war that Donald Trump is pursuing? The most likely reason stems from the job insecurity that free trade often creates, which is why governments must find … Continue reading →

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What Drives The Trade Deficit?

Posted on September 18, 2018 by macromon

It’s the national savings-investment imbalance, Stupid! It is explained clearly by the following national income identity, which we have posted several times over the years. (S-I) + (T-G) = Current Account Balance (Foreign Savings)  (S-I) is the ‘private savings balance’ … Continue reading →

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