blog

Latest from the Quantamize Blog

We chatted and we'll meet! Trump chats with Xi on the phone today and both agree to "extended meeting" at G-20

Jun 18, 2019

Better Data for Better Investment DecisionsBetter Data for Better Investment Decisions
Better Data for Better Investment DecisionsBetter Data for Better Investment Decisions

 

  • President Trump tweeted this morning that he “had a very good conversation with President Xi of China,” surprising and exciting the market
  • He added, “We will have an extended meeting next week at the G-20,” further exciting investors
  • Speculation had been that a meeting would occur but until this point nothing had been confirmed
  • President Trump threatened to hike tariffs if President Xi failed to meet with him at the G-20
  • Talks have been suspended for over a month after the US claimed that China reneged on earlier points of their trade agreement
  • Since then, the US has slapped 25% tariffs on $200 billion of Chinese exports to the US

More on China and the Trade War

To Xi or not to Xi: Will he meet with Trump at the G-20?

Hong Kong "suspends," but doesn't scrap, proposed extradition law; over a quarter of the residents take to streets in protest

Rubber bullets and tear gas fill the air in Hong Kong as protesters rally against China’s new extradition law

Who's holding up the US-China trade deal? "It's me!" President Trumps says today

Trade War Trash Talk: If you don't meet me, more tariffs for you!

Counting the Casualties: What is the price to be paid if tariffs go to the max promised?

It was you! China publishes white paper, pointing finger at US for causing trade tension

You have your blacklist, we'll make ours! China creating list of "unreliable entities" from the US, saying "Necessary means will be taken" 

Don't Say I Didn't Warn You: Chinese State Media Threatens US with a Big Rare Earth Metals Stick

 

  • Trump ended his tweet with, “Our respective teams will begin talks prior to our meeting
  • In China, its state-run China Central Television reported the same, saying President Xi is willing to meet with President Trump and exchange views on fundamental issues related to the development of the US-China relationship
  • The last time the two leaders met at the G-20, in Argentina, they emerged with a 90-day no-tariff period that gave time for additional negotiations, the were ultimately suspended in May
  • President Trump recently said he would only accept the terms of a trade agreement with China that were originally agreed to
  • The timing of Trump’s tweet was especially surprising in that it came not long after he tweeted complaints about China and other countries manipulating their currencies to the detriment of the US
     

 

 

 

Global Top Stock IdeasTOP LONG & TOP SHORT STOCK IDEAS FOR GLOBAL MARKETSMONTHLY TOP IDEAS FROM OUR MULTI-FACTOR QUANTITATIVE MODELS
Global Top Stock IdeasTOP LONG & TOP SHORT STOCK IDEAS FOR GLOBAL MARKETSMONTHLY TOP IDEAS FROM OUR MULTI-FACTOR QUANTITATIVE MODELS