More Brexit political theater, but limited global spillover

| Mar 19, 2019 at 12:00 AM

Citing a four-century old law, UK House of Commons Speaker John Bercow on Monday called into question a third parliamentary vote for UK Prime Minister Theresa May’s twice-rejected Brexit plan on the grounds that it was the “same in substance” as a previously tabled motion.

Evidence of making things (but not Brexit deals)

| Mar 19, 2019 at 12:00 AM

* US factory orders and durable goods orders are due. Generally, US manufacturing has fared fairly well recently (it is the Germans who have led developed economy manufacturing lower). Ending NAFTA tensions should help US factories. However, hopes for a US-China trade deal may delay orders (why buy now with trade taxes if it could […]

Evidence of making things (but not Brexit deals)

| Mar 19, 2019 at 12:00 AM

* US factory orders and durable goods orders are due. Generally, US manufacturing has fared fairly well recently (it is the Germans who have led developed economy manufacturing lower). Ending NAFTA tensions should help US factories. However, hopes for a US-China trade deal may delay orders (why buy now with trade taxes if it could […]

Trade details

| Mar 18, 2019 at 12:00 AM

* Trade is something of a focus for investors today. The central expectation of a US-China trade deal being done is not changing. Investors believe that US President Trump will reverse the existing trade taxes on US consumers of goods partially made in China. Within that big picture, there are nuances that matter to markets, […]

Trade details

| Mar 18, 2019 at 12:00 AM

* Trade is something of a focus for investors today. The central expectation of a US-China trade deal being done is not changing. Investors believe that US President Trump will reverse the existing trade taxes on US consumers of goods partially made in China. Within that big picture, there are nuances that matter to markets, […]

Special Counsel’s report may not be special for markets

| Mar 18, 2019 at 12:00 AM

There is increasing speculation that US Special Counsel Robert Mueller is about to release his long-awaited report investigating alleged links between President Trump’s campaign and Moscow in the run-up to the 2016 election.

Trade details

| Mar 18, 2019 at 12:00 AM

* Trade is something of a focus for investors today. The central expectation of a US-China trade deal being done is not changing. Investors believe that US President Trump will reverse the existing trade taxes on US consumers of goods partially made in China. Within that big picture, there are nuances that matter to markets, […]

Trade details

| Mar 18, 2019 at 12:00 AM

* Trade is something of a focus for investors today. The central expectation of a US-China trade deal being done is not changing. Investors believe that US President Trump will reverse the existing trade taxes on US consumers of goods partially made in China. Within that big picture, there are nuances that matter to markets, […]

Special Counsel’s report may not be special for markets

| Mar 18, 2019 at 12:00 AM

There is increasing speculation that US Special Counsel Robert Mueller is about to release his long-awaited report investigating alleged links between President Trump’s campaign and Moscow in the run-up to the 2016 election.

Trade details

| Mar 18, 2019 at 12:00 AM

* Trade is something of a focus for investors today. The central expectation of a US-China trade deal being done is not changing. Investors believe that US President Trump will reverse the existing trade taxes on US consumers of goods partially made in China. Within that big picture, there are nuances that matter to markets, […]