trade deficit: He finds it odd to see so much optimism in the face of plenty of political disarray a U.S. shutdown entering its 26th day and the U.K. in the grips of a seemingly never-ending Brexit nightmare, according to Market Watch. And, and After nearly a year into a trade war, it appears the only thing the U.S is set to gain is an even larger trade deficit with China. That's how Jones Trading's Michael O'Rourke describes recent action for equity markets, which he says have been overtaken by mechanical trading that defies all logic. Global industrial production and global manufacturing PMIs are rolling over, he writes in a note to clients. Caption outside of wrapper for normal article images But then others, like Cracked Market's Jani Ziedins, says those gains are pretty easy to explain. Cats and dogs.
(news.financializer.com). As
reported in the news.
Tagged under trade deficit, trade war topics.