Carl Weinberg discusses flash points for the global economy with Tom Keene and Francine Lacqua.
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Category Archives: News
Fed report shows business execs worry about Trump’s trade moves
Jim O’Sullivan says he has “little doubt that the equity market would be stronger if it weren’t for worries about a trade war, given earnings strength.”
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Deficits don’t matter—until they do
Jim O’Sullivan sends up a warning on the CBO’S U.S. deficit projections: “None of the projections allows for a recession at any point, which is highly implausible.”
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Small-business sentiment drifts down
In the U.S., the growth signal from surveys has been exaggerated by increased partisanship in how respondents answer questions. But the surveys are still sending the right directional signal, explains Jim O’Sullivan.
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U.S. trade deficit is going to widen
Speaking with Tom Keene, Jim O’Sullivan explains that a widening U.S. fiscal deficit ensures that the U.S. trade deficit will widen as well.
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Why stock-market investors shouldn’t expect China’s Xi to back down in trade battle
“We believe China believes that it has little to fear from U.S. tariffs, and that it sees itself as having more to gain from holding on to the upper ground in the face of U.S. threats,” says Carl Weinberg.
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Jobs report countdown
Jim O’Sullivan discuss the U.S. employment report for March on SquawkBox.
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U.S. wage growth picks up even as job growth slows
Despite a weak March result, the U.S. employment data “remain more than strong enough to keep the Fed tightening,” says Jim O’Sullivan.
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Growth slowed across most of U.S. economy in March
Do not expect the ISM manufacturing index to move in lockstep with broader economic growth, explains Jim O’Sullivan. But despite a drop in March, it continues “ to suggest good momentum” in the U.S. economy.
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U.S. stocks rebound slightly after tech-driven slump
“We think the time has come to reassess the one-way bet on a continued and strengthening global economic expansion,” warns Carl Weinberg.
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