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Trade War

Retail sales will drop 5.7% this year because of the pandemic Trade War

Retail sales will drop 5.7% this year because of the pandemic

This story was delivered to Insider Intelligence eMarketer Briefing subscribers earlier this morning.IInsider Intelligence analyzes this industry and several others to provide in-depth analyst reports, proprietary forecasts, customizable charts, and more. Learn more about what we offer.Retail sales worldwide will total $23.36 trillion this year, a 5.7% drop from last…
bubmag
June 11, 2020
Tech-heavy Nasdaq 100 becomes first major US stock index to reach record highs after coronavirus plunge Trade War

Tech-heavy Nasdaq 100 becomes first major US stock index to reach record highs after coronavirus plunge

REUTERS/Eric Thayer The Nasdaq 100 index set a new intraday record on Thursday, becoming the first major US stock index to fully erase losses from the coronavirus sell-off. The index peaked at 9,741.97 at 10:32 a.m. ET before sliding alongside peer indexes as the session's run-up froze. eBay's 9.8% rally…
bubmag
June 4, 2020
Timeline: China’s post-Tiananmen re-emergence onto the world Trade War

Timeline: China’s post-Tiananmen re-emergence onto the world

BEIJING (Reuters) - Thursday marks the anniversary of when China bloodily suppressed pro-democracy demonstrations in and around central Beijing’s Tiananmen Square, when Chinese troops opened fire on their own people. Here are some landmark dates following the 1989 demonstrations: 1990: China’s economic growth sinks to 3.9% due to international sanctions…
bubmag
June 4, 2020
First the trade war, then the pandemic. Now Chinese manufacturers are turning inward. Trade War

First the trade war, then the pandemic. Now Chinese manufacturers are turning inward.

Ask Zhu Kaiyu about his factory, and he can rattle off a series of statistics meant to impress: 15,000 square meters, 800 employees, 300 machines, 5 million articles of clothing sold per year. Zhu opened his factory for knitted apparel in Dongguan, in China’s Guangdong province, in 2002. He’s proud…
bubmag
June 3, 2020
The Fed unveils top corporate-bond ETFs targeted in its $1.3 billion stimulus spree Trade War

The Fed unveils top corporate-bond ETFs targeted in its $1.3 billion stimulus spree

Kevin Lamarque/Reuters A Friday release detailed which corporate-credit ETFs the Federal Reserve bought up from the program's May 12 start to May 18. BlackRock's iShares iBoxx US Dollar Investment Grade Corporate Bond ETF was the most purchased, with the central bank buying up 2,521,892 shares over the period. Total purchases reached…
bubmag
May 30, 2020