Tags: China

America’s Supposed “Enemies” Are Literally Disappearing…But They Won’t Likely Gently Fade Away

China, Russia, and Iran seem to be the most frequently mentioned state level "enemies" of America (not my view but that of the federal government). This article offers a different reason why these nations likely fear America, why America may need to fear them, and why they may band together in WWIII… all in under five minutes. To…

Very Powerful People In The U.S. Government Want War – This Is Their Sales Pitch

The rising hysteria about Russia is best understood as fulfilling two needs for Official Washington: the Military Industrial Complex’s transitioning from the “war on terror” to a more lucrative “new cold war” – and blunting the threat that a President Trump poses to the neoconservative/liberal-interventionist foreign-policy establishment.   By hyping the Russian “threat,” the neocons…

China Prepares For Trade War With Trump

Having warned U.S. President-elect Donald Trump yesterday, through Chinese state media, that he’ll be met with "big sticks" if he tries to ignite a trade war or further strain ties, China’s central government has reportedly "compiled possible countermeasures" against "well-known U.S. companies or ones that have large Chinese operations." As Bloomberg reports, China is prepared…

Bitcoin Explodes Higher As Chinese Interbank Liquidity Freezes; Overnight Yuan Rate Hits 45%

As one veteran trader noted "something is very broken." After a massive short-squeeze sent the offshore yuan soaring during the US day session, overnight yuan deposit rates have exploded 31.5 percentage points higher to 45% – just shy of the record highs – as China's interbank liquidity crisis is front-and-center. At the same time, coincidence…

China Warns May Dump Treasuries To Keep Yuan Stable, Prepares More Capital Controls

In China, announcing new (and ever more ineffective) capital controls has become a daily thing. Last week, Beijing unveiled its latest set of capital controls according to which Chinese banks would be required to report all yuan-denominated cash transactions exceeding 50,000 yuan (around 7,100 US dollars) to the People's Bank of China (PBOC), down from…

Morgan Stanley Warns to Sell the Inauguration While Greatly Increasing 2018 Earnings Forecast

Morgan Stanley is out with a helter skelter note of caution on markets, warning investors to sell the Trump inauguration while upping earnings estimates by 18% for 2018 — citing material upside in earnings and multiple contraction.   Plainly, if what Morgan Stanley says comes to fruition, stocks should trade higher on the backs of…