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The Core

Why We Are Here => Economics & Investing => Topic started by: Mackin USA on March 04, 2018, 11:20:50 AM

Title: Holdings of U.S. Debt
Post by: Mackin USA on March 04, 2018, 11:20:50 AM
Cayman Islands > Parked Money?
Title: Re: Holdings of U.S. Debt
Post by: rcjordan on March 04, 2018, 01:17:35 PM
Dumping U.S. debt, a possible weapon in global trade war

https://www.reuters.com/article/us-usa-trade-treasuries-analysis/dumping-u-s-debt-a-possible-weapon-in-global-trade-war-idUSKCN1GE2ZS
Title: Re: Holdings of U.S. Debt
Post by: Mackin USA on March 04, 2018, 01:26:55 PM
YEP

But we have been in a trade war for years.
Title: Re: Holdings of U.S. Debt
Post by: rcjordan on March 04, 2018, 01:38:25 PM
>for years

And lost.

Here's an article from one of your regular reads:

QuoteIn retaliation, the European Union threatened to counter with tariffs of its own on products ranging from Florida oranges to cars produced in Michigan, with each tariff calculated to likewise hurt the President in a key marginal state.

But it was the market's response that broke the camel's back: what followed immediately after the tariffs were announced was a 30% plunge in the S&P 500, a slump in the dollar and a rally in bonds that slashed 10Y yields in half.

https://www.zerohedge.com/news/2018-03-02/2002-president-bush-imposed-30-steel-tariffs-what-happened-next

Trump's trying to bluff card-counters with a weak hand.
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