And here is more...
Ford Motor Company Profit Slips 37% on China Woes -- The Motley Fool
Sent from my SM-N950F using Tapatalk
this is USDCNH
CNH is offshore yuan
it's a big deal if it hits 7
believe me
![]()
Dow down 408 pts despite a 3.5 pct growth for the 3rd quarter.
Sent from my POCOPHONE F1 using Tapatalk
The appreciating PH peso isn't the only benificiary...
Cheaper oil helps trim bearish bets against Asian currencies: Reuters poll | Reuters
so growth is slowing everywhere except the US
but the US economy cannot power ahead in isolation
economies do not exist independently of each other
everything's interconnected
Cramer says CEOs are telling him off the record the economy has cooled
if the US economy shows signs of slowing in 2019 the Fed will have to stop tightening
no more support for USD
Fed nods to concerns but still sees U.S. rate hikes | Reuters
Sent from my POCOPHONE F1 using Tapatalk
yes for now the Fed is still on a tightening path
but weakness elsewhere will reach at the US sooner or later
the Fed will then have to pause
US equities
all 2018 gains wiped out
investors are either rotating funds into utilities or taking money out of stocks altogether
few buyers (coz of Thanksgiving holidays) to match sellers intensified the selloff
For those celebrating Thanksgiving - gobble gobble! May stock prices soar today!!!
Sent from my SM-N950F using Tapatalk