Bonds & Interest Rates

U.S. Trade Deficit With China Grows To Record High

Posted by Charles Benavidez

on Thursday, 17 January 2019 5:37

China’s exports are down, and imports are down even further, which translates into a trade surplus for Beijing that could set Trump on an even more aggressive warpath.

With year-end 2018 data now in, China ended up with a $324-billion trade surplus with the U.S.—a trade surplus that is over 25 percent bigger than it was prior to Trump’s ascension to the throne in Washington, DC.

And that’s even with Chinese exports down. Based on Chinese data analyzed by the BBC, exports from China dropped 4.4 percent in December, compared to the previous year, and imports also fell 7.6 percent…..CLICK for complete article

Nomura: Don’t Ignore These Three Big Structural Forces

Posted by HedgeAccordingly

on Wednesday, 16 January 2019 9:32

China’s yuan has surged to start the year, despite dismal economic data and dramatic easing from the PBOC. US equities have soared since the start of the year despite tumbling EPS expectations (and “little progress” on US-China trade talks). Cable has zoomed higher for a month, despite an increasingly vicious cycle of dismal results for May and her watered-down Brexit plans.

Up is down, bad is good, but water is always wet and The PPT is ever-present.

While markets remain focused on the next headline and next ultra-violent high-frequency swing, Nomura’s Bilal Hafeez warns that investors don’t quite appreciate how important some of the longer-term structural themes are….CLICK for complete article

Canopy Growth Snags New York Industrial Hemp License, Plans To Invest As Much As $150M

Posted by Brett Herschman

on Tuesday, 15 January 2019 5:35

Canopy Growth Corp shares were surging Monday after the company received a license from the state of New York to process and produce hemp.

The Canadian company plans to establish a hemp industrial park in New York with large-scale production capabilities focused on hemp extraction and product manufacturing.

Depending on site approval, Canopy Growth said it  plans to invest between $100 million and $150 million in its New York operations and create roughly 400 new jobs…. CLICK for complete article

Enjoy it While You Can Cannabis Canada, Your Edge is Already Eroding

Posted by Vanmala Subramaniam

on Friday, 11 January 2019 10:45

Once America federally legalizes, Canadian producers ‘might as well be growing tomatoes’, insiders say.

Green Growth Brands Ltd., a U.S.-based cannabis retailer with a large footprint in Nevada, was all geared up to enter the Ontario market until an unexpected announcement in mid-December by the province placed a drastic cap on the number of retail licences issued for pot shops.

Citing supply concerns, the provincial government changed its rules from handing out more than 1,000 promised licences to a mere 25, which are being be chosen using a lottery system.

“We had hoped to have 25 stores in Toronto. But now, I don’t know if we’re even going to be in Ontario…Click here for full article.

Why Gold? Why Now?

Posted by SchiffGold

on Friday, 11 January 2019 8:48

Gold will have an increasingly relevant role to play in investors’ portfolios in 2019.

This was the conclusion of the World Gold Council’s Outlook 2019 Report.

In the report, the WGC highlights three key trends it thinks will influence gold demand and price performance in the coming year…. CLICK for complete article 

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