Posts Tagged ‘China’
It’s Happening Again… Investors Dump Everything ‘China’
Global stock markets plunged Friday as tensions between the US and China spiral out of control. Stocks in Hong Kong and mainland China tumbled after Beijing ordered Washington to cease all operations at its consulate in the city of Chengdu. This came days after Washington ordered the Chinese consulate in Houston, Texas, to close. Investors are becoming fearful the tit-for-tat spat between the US and China will…
Read MoreFront-Month WTI Crude Crashes Below Zero For First Time Ever
Over the last several decades, have we ever seen a year start as strangely as 2020 has? Global weather patterns have gone completely nuts, large earthquakes are popping off like firecrackers, it looks like the plague of locusts in Africa could soon develop into the worst in modern history, and a massive plague of bats…
Read MoreThe Dilemma Facing China Is Truly Awful
As has been the case since Monday’s sell-off, there is an attempt to try to look on the bright side of the virus headlines. Chinese officials are spreading the word globally that things are under control and that other country should not be closing their borders to China, in line with the WHO recommendations that…
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