What happens if the US imposes Chinese taxes on December 15th

Manulife Investment Management expert in Hong Kong said that if the US still imposes Chinese taxes, Trump will be considered a “Christmas thief”.

Su Trinh, Director of Global Macro Strategy of Manulife Investment Management in Hong Kong, said that “this would be a huge shock to the market” if the US actually imposed tariffs on 160 billion USD of Chinese goods on 15 / 12, according to the plan Trump announced a few months ago.

Chris Weston – Research Director of Pepperstone Group also said that this will be “a crazy day”. The S&P 500 may lose 2%. Currencies like the yuan, Australian dollars and Korean won will fluctuate. However, the market may increase slightly after that, especially if the two countries agree to continue negotiations in 2020.

Yesterday, US President Donald Trump imposed steel import duties on Brazil and Argentina, and proposed imposing a tax on France to retaliate its tax with U.S. technology giants. Trump’s preference for taxation sparked the strongest 2-month sell-off session on Wall Street yesterday.

On Bloomberg, Tongli Han – Chief Investment Officer at Deepblue Global Investment predicts “The future will be very gloomy in the short term, about 1-2 months” and “all will turn to risk prevention mode”. “What has happened recently has made the deal even more expensive for Chinese leaders,” he said.

Steve Brice, an investment strategist at Standard Chartered advises that as 2019 nears the end and the prospect of reaching a further trade agreement, it is time for investors to remove their risky assets. “My advice is to cut down stocks, or at least not to join the market right now,” he said, “In the next few weeks, if the market drops 6-7%, consider withdrawing assets. “. In the long run, though, Brice is optimistic that “the US and China will sign a deal. This will reduce risks and help the global economy prosper.”

For Eli Lee – Director of Investment Strategy of Bank of Singapore, the US stock market going down yesterday was an opportunity to buy. The impetus on South American and European countries could be Trump’s attempt to strengthen the “liking to tax” image in negotiations with China.

“When the economy is in a fragile state, if Trump imposes Chinese taxes, the risk of a recession will skyrocket. The White House will not want this situation to last into the 2020 presidential election,” Lee said.

Is Investing in Stocks like Gambling in Casinos?

There are many people who say that investing in stocks is like gambling in the Casino. Perhaps so, investment and gambling are all related to risk. But gambling is often a short-term activity, while stock investing can last a lifetime. So, in the end, is stocks investment gambling?

Investment is the act of allocating capital to an asset such as a stock with the expectation of making a profit. Risks and profits go hand in hand. Low risk equals lower expected profit while higher profit is usually associated with higher risk. Gambling is a bet based on randomness. That means you will risk making money in an uncertain event and not have many opportunities.

Investors must always decide the amount of money they want to risk, for example 2-5% of the capital. Investors almost know the advantages of diversifying their portfolios. However, expectation of risks and profits can vary greatly in the same asset class, especially stocks.

In essence, this is a risk management strategy in investing: Allocating capital on different assets or different types of assets in the same portfolio, can help minimize potential losses. There are many investors who use technical analysis on stock charts to improve their holding efficiency. Besides, the profit from stock investment will be affected more or less by the commissions paid for stock trading.

More importantly, when you gamble, you own nothing, but when you invest in a stock, you own a stake in the company. And in fact you can even receive company dividends in the form of stocks.

Like investors, gamblers must also weigh the capital carefully. Most professional gamblers are quite proficient in risk management. They carefully study the rules of the game as well as the opponent or the thing they bet on. Card players often seek advantage from other players like poker. They also study the opponent’s manners and betting patterns in hopes of obtaining useful information.

In both gambling and investing, the main principle is to minimize risks and maximize profits. But, when it comes to gambling, the house always has an advantage over the player. In contrast, the stock market is likely to keep rising in the long run. This does not mean that a gambler will never win the lottery and that does not mean that a stock investor will always enjoy positive returns. However, over time, if you continue to play, the odds will become more beneficial to investors than a gambler. You can challenge yourself by researching online casinos podcast before investing in stocks seriously.

US stocks set a new record, closing for the 5th week in a row

All three major indices of the US stock market set a new record at the close on Friday, with the S&P 500 closing the week for the fifth consecutive session, although investors were still skeptical about negotiations.

According to Reuters, concerns about progress on the trade talks table between the world’s two largest economies surfaced earlier in the day, when President Donald Trump said he had not agreed to withdraw the desired tariffs. of China.

Earlier on Thursday, both US and Chinese officials said the two sides agreed to gradually lift tariffs imposed on each other’s goods.

Tim Ghriskey, strategist at Invernss Counsel, said the market was volatile after Mr. Trump’s statement, but soon the indexes recovered.

“The feeling now is that we will see some kind of agreement before the end of the year,” Ghriskey said.

Firmly increasing is the main trend of US stocks in recent sessions, with new records continuously being established. The catalyst for this upward move, in addition to being optimistic about the war situation, was also the interest rate lowering action of the Federal Reserve (FED) and a series of figures that were better than the US economic forecast.

The VIX index measures the volatility of US stocks thus ending Friday’s session at its lowest level since July 24.

Walt Disney shares played an important push for the S&P 500 this session, with a 3.8% gain after the entertainment company announced better-than-expected business results.

At the close, the Dow Jones increased by 0.02%, reaching 27,681.24 points. The S&P 500 index increased by 0.26%, reaching 3,093.08 points. The Nasdaq index increased by 0.48%, reaching 8,475.31 points.

For the whole week, the S&P 500 increased by 0.8%, marking the fifth consecutive week of increases. Nasdaq increased 1.1%, marking the sixth consecutive week of increases. Dow Jones rose 1.2% for the week.

Positive third-quarter earnings report season is also another important factor behind this rising chain of US stocks. Of the 446 companies in the S&P 500 that have released their business results so far, about three-quarters have exceeded their forecast, according to Refinitiv data.

Technology shares also played a key role in Friday’s market, with Microsoft up 1.2%.

Gap shares, meanwhile, slumped 7.6% after the fashion retailer announced that CEO Pion Art Peck would resign, an unexpected departure as Gap is restructuring. In addition, the company also cut its profit forecast for the year.

On the NYSE, the number of gainers this session was 1.07 times the number of losers. On the Nasdaq, the corresponding rate is 1.13 times. A total of 6.59 billion shares were successfully transferred, compared to the average of 6.79 billion shares per session of the last 20 trading days.

Li Ning: The Hottest Sportswear Stock in The World

The hottest sportswear brand in the world today, at least in the stock market, is a Chinese company founded by a former Olympic athlete: Li Ning.

Since the beginning of the year, Li Ning shares listed on the Hong Kong stock market have more than tripled, which enables it to be among the best-performing stocks in the MSCI Asia Pacific and Best gain in the group of textile companies globally.

Li Ning is benefiting from the growing Chinese appetite for sportswear. According to Morgan Stanley, the bank has just raised the target price for Li Ning shares by 33%. In addition, the scandal surrounding Hong Kong protest after a controversial statement from the basketball team manager of Houston Rockets of the American NBA professional basketball tournament also triggered a wave of support for domestic brands to patriotism, of which Li Ning is one of the brands to benefit.

This is not the first time that Li Ning stock has soared since its listing in 2004. This stock has achieved similar levels in 2007 and 2010, before plummeting and remaining flat in the past few years. due to making some business strategy mistakes.

This time, the momentum came from the end of last year in the context of investors seeking consumer companies rated as immune to the economic slowdown and trade war. Li Ning’s rival Anta has also seen its stock increase 87% since the beginning of the year.

Although Li Ning’s stock looks expensive with a P / E of 35 times, compared to Nike’s 30 times and Adidas’s 25 times, analysts are still very optimistic about the stock. Among Bloomberg survey experts, 28 recommended buying, 6 were neutral and no one recommended selling.

The company was founded in 1990 by Li Ning – a famous Chinese Olympic athlete. After retiring, he built a professional sports equipment company. The company specializes in manufacturing footwear, apparel and other accessory products for a range of sports such as basketball, football, tennis, swimming and bodybuilding.

World stocks rebounded after positive signals from US-China negotiations

European-American stocks rebounded on Oct. 9 after speculation that China was willing to come to a partial agreement with the US at trade talks taking place this week.

On Wall Street, Dow Jones industrial index increased by 0.7% to 26,346.01 points. The S&P 500 also increased by 0.9% to 2,919.40 points, while the Nasdaq Composite technology index advanced by 1% and closed at 7,903.74 points.

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 9, 2018. REUTERS/Andrew Kelly

On the other side of the Atlantic, European stock markets are also racing.

Specifically, the FTSE 100 index in London (United Kingdom) increased by 0.3% to 7,166.5 points, the CAC 40 index in Paris (France) recorded an additional 0.8% and reached 5,499.14 points. The DAX 30 index on the Frankfurt floor (Germany) advanced 1% to 12,094.26 points.

The EUR STOXX 50 composite index also inched 0.9% and closed at 3,459.14 points.

In the previous 9/10 session, markets dropped sharply after the new US sanctions on 28 Chinese entities led to a backlash from Beijing.

This move has made the situation more tense before the high-level trade talks between the two countries began on October 10 in Washington.

However, markets on both sides of the Atlantic bounced back after reports emerged that a smaller scale deal was still within reach, as Beijing agreed to buy more American agricultural products. In exchange for Washington’s delay in implementing new tariff measures.

This information helped relieve some of investors’ insecurity when it was less than a week before the next US sanctions tax will take effect on October 15.

LBBW expert Karl Haeling said the hope rekindled even though everything seemed to be deadlocked before.

However, senior market analyst Craig Erlam at investment brokerage firm Oanda noted that the market has repeatedly misjudged the signals surrounding previous trade talks.

He said that investors were quick to respond very positively to the more optimistic outlook of the negotiations at this time. But there has been a lot of “jamming signal” surrounding previous talks and this may be just the same.

Venezuela tested keeping cryptocurrencies in the bank

Venezuela’s central bank conducts many tests to see if it can keep cryptocurrencies in the treasury, while Venezuela’s largest oil company wants to pay suppliers with bitcoin and ethereum.

According to Bloomberg, a source said it was an effort at the request of Petroleos de Venezuela (PDVSA), a state-owned oil and natural gas company. PDVSA is seeking to send bitcoin and ethereum to the central bank and wants the monetary authority to pay its suppliers in cryptocurrency.

In addition, Venezuelan central bank members also studied the proposal to allow cryptocurrencies to be included in international reserves. The international reserves of the South American nation are near the lowest level in three decades, at US $ 7.9 billion.

The sanctions imposed by the US on the regime of Venezuelan President Nicolas Maduro largely isolated Venezuela from the international financial system, exacerbating one of the world’s most severe economic crises, forcing gender. The organization must use skillful methods to transfer money.

Continued use of cryptocurrencies after a failed private cryptocurrency launch shows how desperate Venezuela is in finding a way to circumvent sanctions.

It’s unclear why PDVSA owns bitcoin and ethereum, and it’s unclear how much cryptocurrency the company holds. Oil producers have struggled to get customers to pay through regular channels because many large banks are reluctant to do business with a punitive entity.

Last month, the company received most of the $ 700 million payment in yuan after parties had difficulty finding financial institutions to facilitate transactions.

PDVSA may be hesitant to sell the cryptocurrencies they currently have on the open market as this requires businesses to register with an exchange and be tested. Therefore, it wants the central bank, where officials are less likely to be exposed to potential bans, to use cryptocurrencies to pay debt to the parties it owes.

Bitcoin and ethereum use decentralized, online ledgers called blockchains to verify and record transactions. In some cases, this practice allows for relatively anonymous transfers without intermediaries. Very few banks involve cryptocurrencies because of money laundering regulations and many other legal compliance issues.

As of early morning 27.9, the price of bitcoin was 7,960 USD while ethereum reached 160.5 USD, according to Coinmarketcap.

For Venezuela, in order to protect itself from sanctions, the government considers switching to Russia’s international payment messaging system, created to replace the Inter-bank Telecommunications Association and the national finance. (SWIFT) that most financial institutions are using.

Thai Tennis Coach and Stories of Increase in Stock Market

The story of the Thai tennis coach points out that the rise of the emerging stock market is due to non-essential consumer goods stocks and this trend continues to be promoted by investors.

Samark Srisarakham first came to Bangkok with his brother when he was 11 years old, sleeping in a public bed right next to a tennis court. He did not dare to imagine growing up with life with beautiful restaurants, new clothes and the most modern electric appliances.

But 30 years later, he became a tennis coach in the Thai capital. He is a perfect illustration of what former Goldman Sachs bank president Jim O’Neil called “the greatest story in the world” when it comes to investing:   consumer advancement in emerging markets.

Coming from a poor town in rural northern Thailand, Samak owns 3 properties and 2 cars. His two daughters attend international school, and his family has a collection of smartphones and tablets. Samak’s life-changing stories from poverty to wealth are the key to explaining the biggest gains in emerging-market stocks this year.

Shares of non-essential consumer companies rose 23% in 2017. These companies specialize in selling products that serve purposes beyond what is needed when consumers have more than enough money to spend. Rising technology stocks helped push MSCI emerging market index the best year since 2009.

Angelo Corbetta, Head of Asia Equity at Pioneer Investments Ltd in London, said: Consumer spending is a key driver of growth across emerging markets, especially in Europe. ASIAN.

While poorer countries suffer from a shortage of infrastructure, e-commerce is filling that gap. Thus, it helps to boost consumption through going to select stores according to buyers’ needs. Consumption trends have changed rapidly in the past few years with sales focused on online sales improved with an increasing number of users of digital technology.

Investors Bet on Stock Market

Despite worries of the economic downturn, Wall Street investors still bet on the stock market, helping Wall Street reverse its rebound in Wednesday session (August 28).

Following the decline of Tuesday session, US stocks continued to open in the red on Wednesday as worries about economic recession and mixed statements of US-China senior leaders on trade negotiations. trade. However, very soon after that, Wall Street reversed its recovery thanks to financial and energy stocks.

Financial stocks rebounded to regain all of what was lost in the previous session, and information of US oil inventories decreased, helping crude oil prices rose 1.5% to support the rise of energy stocks. Another point, on Wednesday, the yield of 30-year US government bonds fell to a record low, lower than the average dividend yield of the S&P 500, causing investors to abandon bonds and pour money. back to stocks, despite fears of recession and the US holding the decision to increase taxes by 5% to $ 300 billion of Chinese goods from September 1 and December 15.

Next week, investors will look at monthly employment reports and manufacturing data that could guide expectations about another possible rate cut from the Federal Reserve System – Fed at its mid-September meeting.

At the end of August 28, the Dow Jones increased by 258.20 points (+ 1.00%) to 26,036.10 points. The S&P 500 index increased by 18.78 points (+ 0.65%), to 2,887.94 points. The Nasdaq Composite Index increased by 29.94 points (+ 0.38%), to 7,856.88 points

Meanwhile, on the European stock market, the opposite movement continued to take place in the fourth session, but the position reversed. While German and French stocks dropped because investors were worried about the global recession, British stocks increased again when Brexit was chaotic, causing the pound to drop, thereby supporting the stock market.

London Stock Exchange Wants to Spend 27 Billion USD to Buy Refinitiv

LSE is negotiating to buy Refinitiv Holdings financial data analysis company for $ 27 billion including debt.

According to Reuters, the acquisition comes less than a year after US asset management company Blackstone Group acquired a majority stake in Refinitiv from Thomson Reuters information and media company. In the deal with Blackstone, Refinitiv is valued at $ 20 billion including debt. Thomson Reuters is the parent company of Reuters News, which currently owns a 45% stake in Refinitiv.

LSE said it plans to issue new shares to pay for the deal, which will make Refinitiv’s existing investors become shareholders of the LSE. In the company after the merger, Refinitiv’s current shareholders will hold about 37% and less than 30% of the voting rights. Refinitiv had a debt of $ 12.2 billion at the end of December last year, the result of the acquisition by Blackstone. LSE is expected to take over this debt if it can buy Refinitiv.

LSE said that the possibility of negotiating with Refinitiv is not certain. The source of information revealed if the two sides agreed to the transaction, the agreement will be finalized next week.

Thomson Reuters shares rose 4.5%, reaching a record high in Friday’s session in Toronto, after news of the deal was announced. This stock price has increased 62% since January 2017, when Blackstone and Thomson Reuters announced the Refinitiv deal.

Owning Refinitiv will help LSE expand its information services business – an area that this floor is aiming to become a more stable source of revenue compared to the main activities related to transactions.

LSE operates stock markets and derivative transactions including London Stock Exchange, Borsa Italiana, MTS and Turquoise. The company has a market capitalization of around £ 19.3 billion ($ 23.9 billion) and a debt of about £ 1 billion.

Refinitiv purchases can help LSE reduce the shock from market fluctuations that may occur in the case of Britain leaving the European Union (EU), ie Brexit, without agreement.

The worldwide sports monetary trade allows investors to buy groups like stocks

What could you say if we informed you that you may start to spend money on your favorite sports teams? At the same time as still in early ranges, the global sports monetary exchange (GSFE) is imparting investors and sports enthusiasts alike an possibility to place up actual coins behind their favored professional sports franchises.

Take a look at out AllSportsMarket.com to get began with the global sports activities monetary alternate. In this newsletter, we’ll outline how the global sports economic alternate works, why it’s so specific, and the way it’s some other interesting instance of ways enmeshed finance and sports activities having a bet are.

How Does the GSFE work?
The global sports monetary change is a charming blend of the fundamentals of the inventory marketplace and the concepts of futures bets. Ward and Nicholls aren’t huge sports activities bettors, and that they’ve made no public statements suggesting that they’ve ever dabbled with any sportsbooks. but, the similarities among investing in a team, and having a bet on them, aren’t as large as you might assume. if you want to examine extra about that, examine our article comparing the inventory marketplace and sports making a bet.

The essential principle behind the GSFE is that bettors “very own” a bit little bit of a sports team; via sinking money right into a group’s stocks, an investor certainly has a vested interest in a team.

The essential precept to preserve in thoughts approximately the worldwide sports economic trade is that it’s not a zero-sum recreation; you received’t outright win or outright lose any of your bets. rather, you’ll see increase and decline within the price of the stock you’re protecting.

Most customarily, a group’s win-loss ratio will dictate their quick-time period stock charge. factors a good way to have an effect on a crew’s stock charge are the long-run trades, how robust a crew’s draft is, and possession adjustments.

Business man with group of balls of different sports in hand at stadium

In light of any new information or maybe hunches, buyers can cross long or short on whichever teams they feel are poised for achievement and failure. if you assume the Vancouver Canucks are set to polish inside the destiny, you’ll need to buy inventory in them even as they’re inside the basement of the league. the mantra that every investor lives through is purchase low, promote high!

As with all market, your shares expenses may be suffering from many different factors, from a broader disintegrate of the marketplace to activities specifics to the group you’re preserving inventory in.

At the GSFE, traders can buy, sell, and quick shares of whichever group they preference. There are no regulations on this regard. In essence, buyers are trading in shares in their preferred teams, no special than if they were replacing shares in Apple. Exceptional of all, at the same time as the marketplace continues to be (extraordinarily) small, you don’t ought to pay very huge agents prices.

In fact, the consistent with Ward the GFSE is built upon ” the precise same structure that was used while the ny inventory trade first opened in 1817.” presently, there are over 614 particular shares to be had to purchase.

Every other exceptional feature particular to the GFSE is that on every occasion the crew they’re invested in wins, they’ll get hold of a small dividend.

In case you suppose that all of us can replicate this change, think once more. Ward and Nicholls have locked down 100s of patents, in over a hundred and forty one of a kind international locations. For now, their sports group inventory trade is secure from infringement. Similarly, the global sports activities monetary alternate works intently with the Securities change fee (SEC) to keep to expand their market. Working with a framework and thoroughly unique concept, Ward and Nicholls frequently collaborate with regulatory our bodies to perfect their market shape, and to make sure that their investor’s protection and safety.