"We Understand The Chinese Government Has Halted Purchases Of US Treasuries": SGH

eurusdzn said:
Yeah, from that relatively strong position you mention. But I don't believe at all this will actually go far. Probably dropping of all tarrifs and better US access to Chinese markets....a deal
in the next 6 months and a 2500 SP500.
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Yep... but I don't see how that would mean the SP500 would tank to 2500.... if the tarrifs are off and a good deal with China... we'll see 3000
 
Yeah lets disregard the Constitutional crisis. Trump having a 9-minute briefing about Syria in which he devoted 8.5 minutes to conflating Mueller with the FBI Cohen sting.
 
JackRab said:
If China stops accumulating Tbills, that would be a direct result from less exports to the US. If they stop buying them on rotation... letting them expire and doing nothing... that would mean they would have too many US dollars in cash, not earning any returns. So they would have to buy other USD denominated assets, which will be difficult for them since Trump is pushing against foreign investments in the USA...

Or they would sell US dollars for something else. That would also go against their wishes of a low valued Renminbi. They are already looking at lowering the RMB as an options in the tit-for-tat in this trade war.

So to me, it seems China isn't just going to stop buying Tbills... they would hurt themselves more than the US.

The US on the other hand wants a lower USD vs the RMB... but they also like the low interest rates they pay on debt. The last is a consequence of the USD being the reserve currency whereby everyone wants to hold USD and invest in things like the Tbills.... and it being used in the major commodity trade.

Unless the US actively pursues stepping away from the USD being the worlds reserve currency... shit isn't going to work out exactly like Trumps wants. And I doubt the US wants to stop with it, since their debt would become a bigger problem.

So... basically the US is still stuck in having to be competitive on the global market through innovations in design and efficiency.... not through competing with a same product same price level... Nothing wrong with that, but it seems Trump is still missing that point.
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@zdreg....please read jackrab's post. A couple of times.
 
That was a quick deal.
No choice for me but to buy a market break out of this consolidation area top. No telling that this cant drift for weeks(s)...or not
 
destriero said:
Yeah lets disregard the Constitutional crisis. Trump having a 9-minute briefing about Syria in which he devoted 8.5 minutes to conflating Mueller with the FBI Cohen sting.
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Crisis? I'm a little lost here. Do you mean the one where "equality" is redefined to mean income equality? Militia is redefined to mean "the government"? Free speech is redefined to mean marxist speech? Confiscation of property without a trial? Income taxation? What?
 
maxpi said:
Crisis? I'm a little lost here. Do you mean the one where "equality" is redefined to mean income equality? Militia is redefined to mean "the government"? Free speech is redefined to mean marxist speech? Confiscation of property without a trial? Income taxation? What?
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It's was clearly qualified with, "Constitution"

Your comments require the following:

A. Trump tells Cabinet to "CONFISCATE NOW and worry about Due Process later!"

B. Vet in Florida first to suffer confiscation under Florida GOP law post-Parkland.

Link: http://www.foxnews.com/us/2018/04/1...ads-to-first-seizure-army-veterans-ar-15.html

#RickScott
 
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