Why President Trump’s China Visit Could Interest Steel Investors
As part of President Trump’s extended trip to Asia, he plans to visit China on November 8. Notably, China’s trade data is expected on the same day.
In the last week of September 2017, Donald Trump’s administration released a comprehensive synopsis of proposed changes to the tax code.
China manufactures only 13% of the world’s ICs. The nation imports more than $200 billion in chips annually, which created an estimated annual trade deficit of $150 billion in 2014.
In January 2017, the President’s Council of Advisors on Science and Technology published a report that called for the government to protect US companies’ leadership positions.
In August, the financial markets saw a surge in volatility as North Korea threatened missile launches that would target the US territory of Guam.
Equity markets in the US and across the globe reported heavy losses as risk aversion set in.
Bonds, especially U.S. Treasuries (GOVT), are considered one of the safest assets in which to park your funds in times of uncertainty.
Last week’s rising geopolitical tensions between the United States and North Korea turned the tide for the yen. The Swiss franc also appreciated.
The safe havens that benefit the most in times of uncertainty include gold (GLD) and U.S. Treasuries (GOVT).
Some companies benefit in times of uncertainty, and some sectors provide cover for investors.
The last few days have been tense for the markets after the war of words between President Trump and the North Korean regime, and all the major indexes turned negative.
According to North Korea, it recently launched an intercontinental ballistic missile. The move has come just ahead of the annual G20 meeting that’s scheduled for July 7–8, 2017.
President Donald Trump’s administration has ordered a Section 232 investigation to discover whether steel imports are a threat to US national security.
Apple has created a $1.0 billion Advanced Manufacturing Fund to bring jobs to the United States. The first beneficiary of this fund is its glass supplier, Corning.
The Alerian MLP Index (AMZ) closed 1.9% lower on May 17, 2017.
As part of Obamacare, a medical device tax of 2.3% has been implemented on medical device companies in the United States.
President Donald Trump’s proposed policies were expected to boost US economic growth and revive the country’s employment outlook. However, investors are starting to grow wary.
The EU’s light immigration laws have helped and continue to aid the economic development of EU countries. But there have been areas of concern.
In the past two quarters, we’ve seen that France’s GDP growth has been improving gradually.
On Sunday, after the announcement of the French Presidential election exit polls, the euro jumped a near five-month high against the US dollar.