With Trump's imposition of 10% tariffs on an additional $300 billion of imports from China and Beijing's retaliation by weakening the yuan and cutting off imports of U.S. farm products, the U.S.-China confrontation has escalated to fever pitch.
they were a year agoprices and lowering their yields andis more than 20% so far this year.the growing recognition of a recession,U.S. and, indeed, global businessindicator of global goods production.plumbing fixtures contains the red metal.bill, 2.03%, exceeding the 1.76% yieldThe yield curve usually inverts ahead ofs effects in reducing inflation and credit demand and, therefore, rush into longer-maturity Treasurys, that also serve as safe havens.
As exports as the engine of economic growth waned, China turned to infrastructure spending. My review of 5,000 years of Chinese history reveals that labor unrest led to the demise of many Chinese dynasties. So Job One of the currentve dubbed it, is to keep people employed. Infrastructure spending did so, but resulted in undesired’
s measure of total debt and equity financing rose 10.9% in June, the fastest in a year, and total debt as a ratio to GDP grew from 298% at the end of 2018 to 304% at the end of the first quarter, up $40 billion. Net
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