Tag Archives: Korea

Trump Says Unified Korea Could Happen

Do you think President Trump has consulted with President Xi about a unified Korea? It is highly doubtful China will allow a unified Korea, one under Western influence. Different Scenarios Our best case scenario is the South and North move … Continue reading

Posted in Geopolitical, Uncategorized | Tagged , | 12 Comments

Potemkin Trade Deals

What a farce. Why not just negotiate an increase in Korean imports of American flying cars and call it a victory?  Nothing here.  Move on. South Korea, meanwhile, negotiated a permanent steel-tariff exemption in exchange for allowing additional U.S. auto … Continue reading

Posted in Economics, Geopolitical, Uncategorized | Tagged , , | 28 Comments

Every Little Thing They Do On Trade Is Tragic

And Half Baked. Every little thing they do on trade is tragic Everything they do is wrong Even though the politics are more dramatic Now I know trade diversion in steel is on — paraphrasing Sting’s, Every Little Thing She … Continue reading

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Three Fave Country ETFs

Our favorite country ETFs to start out the new year are Spain (EWP),  Mexico (EWW), and Korea (EWY). Spain has bolted out of the gates as the sovereign 10-year yield has fallen sharply, down 35 basis in just the first … Continue reading

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Kospi and Nikkei diverge in the Bretton Woods

Take a look at the divergence between Korea’s Kospi and Japan’s Nikkei over the past month.   Clearly the result of Shinzo Abe’s policy to weaken the yen. Recall how the last big dollar/yen reversal in 1995 helped set the stage … Continue reading

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Stratfor: Japan and Korea Elections

Stratfor’s Vice President of East Asia Analysis Rodger Baker discusses the elections in Japan and South Korea and how the countries’ national interests could complicate U.S. efforts to shape its security policy in Northeast Asia. For more analysis, visit: http://www.Stratfor.comContinue reading

Posted in Japan, Politics | Tagged , , , | 1 Comment

The Massive Move in Won/Yen Cross

Add currency wars to Asia’s geopolitical tensions next year as a result of the Abe landslide. The Korean won/yen cross has strengthened a stunning 19.8 percent since June 4th.  That’s a big move in relative prices and competitiveness between the … Continue reading

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Global PMI At Three-Year Low

Markit reported the JP Morgan Global Manufacturing PMI fell to 48.9, the fasted rate of contraction since May 2009.  Led by weak growth in the U.S. rates of decline accelerated in China, Brazil, and Vietnam.  Japan, Taiwan, and South Korea … Continue reading

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HSBC Korea Manufacturing PMI Falls to 51

Markit reports, Growth of South Korean manufacturing output lost momentum in May, slipping to the weakest in the current four-month period of expansion. New order growth held up relatively well in comparison, with the latest increase only slightly weaker than … Continue reading

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Korea PMI Expands After 7-Month Contraction

From Markit, Commenting on the South Korea Manufacturing PMI® survey, Ronald Man, Economist at HSBC in Asia said: “At last, manufacturing conditions in Korea have improved. More importantly for policy makers, new orders have picked up, which suggests that demand … Continue reading

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