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uncledad

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Member since: Tue May 13, 2014, 06:50 PM
Number of posts: 6,466

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How Hong Kong clashes could wallop the U.S stock market

Protests in Hong Kong that have persisted for the past two months could eventually deliver a more lasting blow to U.S. and global markets, market strategists and geopolitical experts told MarketWatch.

The Hong Kong Hang Seng (HK:HSI) slipped 0.4% on Monday and is down 7% so far in August and nearly 10% over the past three months, according to FactSet data. The exchange traded iShares MSCI Hong Kong ETF (EWH) one of the most popular funds used to gain exposure to Hong Kong stocks, was down 3.2% in Monday and has fallen 9.5% so far in August and 12.4% over the past 90 days.

“In addition, the Chinese media have already accused the U.S. of being behind the protests — or at least encouraging them — tying the unrest in Hong Kong to the greater trade dispute with the U.S.,” Zaccarelli said.

“The big fear is that Beijing could respond with force of the kind seared into memories about Tiananmen Square. If so, assessments of the Politburo would also have to be revised to stand at a more pessimistic view. In turn, markets would have to become less hopeful of the degree and speed of progress possible on a whole host of fronts, including trade,” Ken Odeluga, market analyst at City Index told MarketWatch.


https://www.msn.com/en-us/news/other/how-hong-kong-clashes-could-wallop-the-us-stock-market/ar-AAFHNHA

DOW 25479

Previous close 26279. 52 wk high 27398. 52 wk low 21712. Today's low 25471. High 26035. DOW -3 %

NASDAQ : 7773 ▼ NASDAQ -3 %

S&P : 2840 ▼ S&P - 2.9 %

Soybeans : 8.70 ▼

Crude oil WTI : 55.10 - 3.5%

Not a good day.

DOW 26279

Previous close 25896. 52 wk high 27938. 52 wk low 21712. Today's low 25833. High 26426.

NASDAQ : 8016 ▲

S&P : 2926 ▲

Soybeans : 8.71 ▲

I'd like to see Wilbur Ross's phone logs.

Negative interest rates: absolutely everything you need to know

Conclusions

Negative interest rates have become part of the central bank’s toolkit for responding to an economic downturn when nominal interest rates are already very low. They have worked largely as interest rate policy does in positive territory. This is a success and shows that central banks have a bit more firepower than they thought they had.

However, there are limits to how far interest rates can fall below zero in the absence of further measures to reduce general financial and economic risks.

With lacklustre growth, high unemployment and stubbornly low investment activity in many economies, policy-makers may want to do more, and monetary policy is far from the only option, although other types of monetary policy measures can be used. Public investment projects and a boost to government spending more generally can go a long way in complementing rate cuts. Government spending has a good track record when it comes to boosting growth, particularly when interest rates are low.

Supply-side reforms, ideally combined with fiscal policies, can also help to make economies more competitive and productive by improving the functioning of markets, upgrading educational systems, building critical infrastructure and unleashing entrepreneurship and innovation. Such measures will increase the potential for future growth. If this is understood – and believed – by the public, it could also increase confidence here and now, boosting spending and growth.

https://www.weforum.org/agenda/2016/11/negative-interest-rates-absolutely-everything-you-need-to-know/

Dow 25896

Previous close 26287. 52 wk high 27398. 52 wk low 21712. Today's low 25824. High 26178.

NASDAQ : 7863 ▼

S&P : 2882 ▼

Soybeans : 8.62 ▼

DOW 26287 for Friday 8-9-19

Previous close 26380. 52 wk high 27398. 52 wk low 21712. Today's low 26097. High 26413.

26486 last Friday's close.

NASDAQ : 7959 ▼

S&P : 2918 ▼

Soybeans : 8.75 ▲

DOW 26380

Previous close 26007. 52 wk high 27398. 52 wk low 21712. Today's low 26038. High 26383.

NASDAQ : 8039 ▲

S&P : 2938 ▲

Soybeans : 8.63 ▲

Recovered some ground.

DOW 26007

Previous close 26030. 52 wk high 27398. 52 wk low 21712. Today's low 25440. High 26073.

NASDAQ : 7862 ▲

S&P : 2884 ▲

Soybeans : 8.48 ▼

Thanks for your hard work Plunge Protection Team !

Pelosi markets are having a bad start...

Algos set in the wrong direction...

DOW 26030

Previous close 25719. 52 wk high 27398. 52 wk low 21712. Today's low 25710. High 26038.

NASDAQ : 7833 ▲

S&P : 2881 ▲

Soybeans : 8.50 ▲

A pick up of 1% across the markets.
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