The Canadian dollar continues its recovery path and this time, Prime Minister Justin Trudeau is behind the move. Canada’s PM said that NAFTA talks are advancing in a significant way. So far, Foreign Minister Freeland and also the US and
In the latest episode of a developing trade conflict between the two largest economies in the world, China has announced fresh tariffs on 106 U.S. products. The move is likely to exacerbate fears surrounding an impending trade war between the
Update (8:30 pm ET): Barely two hours after Trump offered yet another trade war “tit” to China’s “tat”, the Chinese leadership released a statement foreshadowing its next inevitable retaliation in the escalating trade war between the world’s two largest economies.
Let’s have a look at a long-term perspective on Treasury yields as of the March 29. The chart below shows the 10-Year Constant Maturity yield since 1962 along with the Federal Funds Rate (FFR) and inflation. The range has been
It was another EIA Thursday for natural gas, and yet again the print missed expectations in a bearish manner and sent prices decently lower on the day. Yet the print wasn’t as straightforward as the last couple. The EIA reported
As we reported earlier, it appears that after 4 years of losses, Bill Ackman’s investors finally lost patience with the flamboyant activist and as the WSJ noted overnight, “most investors” are rushing for the exits, with Bloomberg adding that about
Whiplashed? Last weekend, President Trump threatened again to walk away from NAFTA. Within 48 hours, reports suggest he wanted an agreement at next week’s Summit of the Americas (April 13-14 in Peru). The art of the deal is getting to
Stocks managed to rise today for the third straight day, although on light volumes. The new economic advisor Larry Kudlow helped the equity markets by bullishly announcing that the Trump tariffs are just ‘proposals,’ and that the US is not