Commodities
On paper, Cohn seemed to be the perfect choice for Trump. The U.S. president called Gary Cohn his “top economic adviser”. That song of praise alone would melt even anti-Trump haters. However, in reality, both Cohn and Trump were just too different in terms of ideology and foreign policy. Hence, the news that Cohn has […]
... written on Mar 07 2018Trump has started World Trade War by imposing a 25% tariff on steel imports and 10% tariff on aluminium imports. Since then, he has been waiting for retaliations – from both friends and foes. So far China, supposedly the biggest culprit who has been accused of dumping the metals on American soil, has declared they do […]
... written on Mar 05 2018Sometimes, it pays not to be in the top-10. And it certainly pays to stroke the back of the world’s most powerful man, especially if he’s a narcissist. China can now heave a sigh of relief. As expected, U.S. President Donald Trump has declared that the United States will impose a 25% tariff on steel imports […]
... written on Mar 02 2018Forget steel or aluminium. As President Trump finds that it’s not as easy as a walk in the park to punish China for dumping cheap steel and aluminium on American soil – without slapping the same tariffs on allies such as Canada or European Union – his administration may have found to way to punish […]
... written on Feb 23 2018Donald Trump is learning the hard way that as the POTUS, he isn’t actually the most powerful man on planet Earth. That title, arguably, could easily belong to Vladimir Putin or Xi Jinping, or even the notorious Kim Jong-un. As the Commander-in-Chief, his commands to launch nuclear strikes on North Korea could still be rejected […]
... written on Feb 21 2018Brent crude oil is struggling to stay above US$60 while WTI crude oil has already gone below that level. It’s a matter of time before this psychology level is tested. When the Brent couldn’t hold above US$60 a barrel anymore, all hell will break loose. It took Brent 42 days to skyrocket from US$62 to […]
... written on Feb 15 2018The Friday-Monday stock markets crash should serve a reminder to investors and speculators about the basic fundamental of investing – whatever goes up must comes down – eventually. As experts and economists are now locking horns debating whether the stocks have seen the worst of it, or this could be just the beginning, another commodity […]
... written on Feb 08 2018Where is Donald Trump when we need him the most (*grin*)? Shouldn’t he take credit for the market plunge, the same way he bragged about a bull run under his watch? Obviously even the U.S. president couldn’t stop a flash crash, as what happened on Black Monday. After Friday’s 666 points crash, Monday saw Dow […]
... written on Feb 06 2018For the first time since 1970 – almost 50 years – the United States can loudly tell Saudi Arabia that Americans will never be taken hostage by the Arabs – again. In November 2017, the U.S. oil production rose to 10.038 million barrels a day, 4% more than the previous month. That milestone is slightly […]
... written on Feb 01 2018China’s military has been flexing its muscles in the South China Sea with no indication of slowing down. As Trump and Kim were busy engaging in a war of words fits only for kids, the distraction provides a great cover for Chinese to continue its island-building project in the region. After unilaterally opened four new […]
... written on Jan 16 2018
