Trump and Xi
A Three-Ring Circus of Market Influences
October 30, 2025
A 90-minute meeting between Presidents Trump and Xi in South Korea resulted in a de-escalation of trade tensions but a rise in national security brinkmanship. While a formal trade deal was not signed, an understanding was reached on several points. The treat of a 100% U.S. tariff on China was dropped, and the fentanyl-related levy […] More
Risk Preference Restored after China and U.S. Postpone Tariff Escalation
July 1, 2019
Trump and Xi agreed that their government negotiators would keep talking about trade. Feared jump in tariffs avoided for now. Share prices advanced 2.2% in China, 2.1% in Hong Kong and Japan, and 1.5% in Singapore and Taiwan. The S&P 500 is 1.2% higher. European stock market gains so far amount to 1.3% in Germany, […] More
Dollar Broadly Higher as Investors Seek Clarity on Brexit Mess and U.S.-Sino Trade Talks
March 14, 2019
British MPs last night defeated a motion for allowing the U.K. to leave the EU without any Brexit deal by a vote of 321-278. Today’s vote will be a motion to extend the Article 50 deadline beyond March 29th. Prime Minister May aims to hold another vote within the week on her Brexit deal. A […] More
