• China Worries Front And Center Again As Trump May Limit US Investment In-Country

    September 27, 2019
    No Comments
    China Worries Front And Center Again As Trump May Limit US Investment In-Country
    Image by Honangsmen

    The Trump administration is deliberating whether to block all U.S. investment into China, said a source to CNBC.

    The White House is weighing some curbs on U.S. investments in China, a source familiar with the matter told CNBC. This discussion includes possibly blocking all U.S. financial investments in Chinese companies, the source said.

    It’s in the preliminary stages and nothing has been decided, the source said. There’s also no time frame for their implementation, the source added.

    The markets sold off slightly less than one percent today on the news. CD Media has been talking about an excess of risk in the financial markets and how in our view China cannot and will not make a trade deal that is in the interests of the United States.

    In economic data, the Michigan Consumer Sentiment Index for the month of September came in at 93.2 vs a consensus estimate of 92.0.

    Author

    Avatar photo

    CDM Staff

    The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."
  • Subscribe
    Notify of
    guest

    0 Comments
    Inline Feedbacks
    View all comments
    magnifierchevron-right

    Subscribe to our evening newsletter to stay informed during these challenging times!!