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CHINA: YOU WANT A TRADE WAR, BRING IT ON

CHINA: YOU WANT A TRADE WAR, BRING IT ON

The impact that trade wars are having on the flow of billions of dollars of goods and central banks’ monetary policy around the globe appears to have jumped out of the frying pan and into a fire at the town square, as the following chart is a sign that global trade is...
How it Sounds When Fed Doves Cry

How it Sounds When Fed Doves Cry

In a swift 180-degree policy reversal during Wednesday’s FOMC announcement, Fed Chairman Jay Powell said the case for higher U.S. interest rates had “weakened,” when just last month the Fed raised rates and signaled it would do so again in 2019. Something stated by...