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Cool Video: China Still Needs to Provide more Stimulus

October 23, 2019
The IMF projects that China will expand by less than 6% in 2020, but unless China provides more stimulus, it may be difficult to achieve.  This is not only my view but also the view of Helen Qiao, the chief economist for Greater China at Bank of America.  I was on the Bloomberg set with Alix Steele and Ms. Qiao earlier today.  
The PBOC passed on a…
Cool Video: China Still Needs to Provide more Stimulus Cool Video:  China Still Needs to Provide more Stimulus Reviewed by Marc Chandler on October 23, 2019 Rating: 5
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Markets Lack Much Conviction, Await Fresh Developments

October 23, 2019
Overview: UK Prime Minister Johnson is neither dead in a ditch as he said he would prefer to be than request an extension of Brexit, nor will the UK leave the EU at the end of the month. Yesterday's vote rejected the attempt to fast-track the legislation needed to support the divorce agreement. It all but ensures that such a delay will be for…
Markets Lack Much Conviction, Await Fresh Developments Markets Lack Much Conviction, Await Fresh Developments Reviewed by Marc Chandler on October 23, 2019 Rating: 5
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Trudeau will Lead a Coalition Government in Canada, while the UK's Johnson Fights Another Day Trudeau will Lead a Coalition Government in Canada, while the UK's Johnson Fights Another Day Reviewed by Marc Chandler on October 22, 2019 Rating: 5
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Dollar Soft, but Stage is being Set for Turn Around Tuesday

October 21, 2019
Overview: The UK's departure from the EU remains up in the air as a new attempt to pass the necessary legislation through Parliament continues today. Many market participants seem to remain optimistic that Prime Minister Johnson's plan will ultimately succeed. After slipping to $1.2875 initially, sterling briefly pushed through $1.30, whi…
Dollar Soft, but Stage is being Set for Turn Around Tuesday Dollar Soft, but Stage is being Set for Turn Around Tuesday Reviewed by Marc Chandler on October 21, 2019 Rating: 5
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Brexit High Drama

October 20, 2019
Before Prime Minister Johnson submitted the withdrawal bill that he had negotiated with the EU, a Tory-backed bill to not consider it until the implementation bill is approved, carried by a 322-306 margin. The disgruntled Democrat Unionist Party's 10 votes made the difference, but there were also 10 independent Conservative MPs, who had lost t…
Brexit High Drama Brexit High Drama Reviewed by Marc Chandler on October 20, 2019 Rating: 5
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