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Post by novie08 on Mar 24, 2014 10:55:30 GMT -5
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Post by jacksrbtr on Mar 24, 2014 11:18:46 GMT -5
The fact that China holds $1.3T American debt would tend to minimize China's problem dontchatink?
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Post by novie08 on Mar 24, 2014 11:35:16 GMT -5
In a word, no. IMO, it just compounds the global issues. Didja read the article? But it seems to be causing a bounce in the dollar.
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Post by jacksrbtr on Mar 24, 2014 11:50:19 GMT -5
In a word, no. IMO, it just compounds the global issues. Didja read the article? But it seems to be causing a bounce in the dollar. I was hoping you'd provide the Executive Summary
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Post by novie08 on Mar 24, 2014 11:54:16 GMT -5
In a word, no. IMO, it just compounds the global issues. Didja read the article? But it seems to be causing a bounce in the dollar. I was hoping you'd provide the Executive Summary Gotta run. Later. Main Ideas: floating currency, predicting a hard landing...written by his employee who has lived in China.
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Post by novie08 on Mar 24, 2014 17:05:15 GMT -5
He says there is no way to know what is really happening in China because the data is flawed at best with many inconsistencies in the "official data" and other economic indicators:
To be clear, China doesn’t have to experience a deep recession in order to disrupt global growth. A slowdown to 2-3% real GDP growth and a corresponding decline in China’s import demand could fire demand shocks across emerging Asian economies like India and Indonesia, commodity producers like Australia and South Africa, and even deteriorating economies in the Eurozone like France and Italy. Then John Mauldin adds that he sees China as the domino that could topple and trigger another global crisis...sees the yen as on a long ride to 200 to the dollar and renminbi as going lower as well. So, fwiw. gl everyone.
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Post by jacksrbtr on Mar 24, 2014 18:16:33 GMT -5
He says there is no way to know what is really happening in China because the data is flawed at best with many inconsistencies in the "official data" and other economic indicators: To be clear, China doesn’t have to experience a deep recession in order to disrupt global growth. A slowdown to 2-3% real GDP growth and a corresponding decline in China’s import demand could fire demand shocks across emerging Asian economies like India and Indonesia, commodity producers like Australia and South Africa, and even deteriorating economies in the Eurozone like France and Italy. Then John Mauldin adds that he sees China as the domino that could topple and trigger another global crisis...sees the yen as on a long ride to 200 to the dollar and renminbi as going lower as well. So, fwiw. gl everyone. Thanks CATs CEO was on NBR tonight saying yeah China's growth is going from double to single digit and the result of that to CAT will be flat growth. Big deal (NOT!)
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Post by clinton on Mar 25, 2014 8:34:10 GMT -5
Mar 25, 2014 - 09:49 GMT China’s spot steel prices were mostly stable on Tuesday March 25 as gains in the futures markets were offset by the effects of low transaction levels.
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Post by clinton on Mar 25, 2014 10:02:24 GMT -5
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Post by clinton on Mar 26, 2014 8:25:02 GMT -5
Mar 26, 2014 - 09:42 GMT China’s spot steel prices inched upwards on Wednesday March 26 amid improved sentiment following gains in the futures markets.
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Post by clinton on Mar 27, 2014 6:14:37 GMT -5
Mar 27, 2014 - 09:51 GMT China’s spot steel markets saw small gains on Thursday March 27, with just longs prices in the north unchanged, although the outlook remained clouded.
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Post by jacksrbtr on Mar 27, 2014 7:36:30 GMT -5
Mar 27, 2014 - 09:51 GMT China’s spot steel markets saw small gains on Thursday March 27, with just longs prices in the north unchanged, although the outlook remained clouded. Meanwhile in the US: www.zacks.com/stock/news/127756/us-steel-raises-voice-against-illegal-dumpingEXCERPT: Longhi fears about the dire consequences which lie in store for the American steel industry arising from threatened jobs of thousands of middle class American workers, infrastructure and national security if immediate action is not taken against illegal dumping of OCTG products by South Korea.
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Post by novie08 on Mar 27, 2014 16:11:52 GMT -5
In a word, no. IMO, it just compounds the global issues. Didja read the article? But it seems to be causing a bounce in the dollar. After thinking this over, you have a good point Jack.
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Post by jacksrbtr on Mar 27, 2014 16:58:32 GMT -5
In a word, no. IMO, it just compounds the global issues. Didja read the article? But it seems to be causing a bounce in the dollar. After thinking this over, you have a good point Jack. I did? I forgot myself what it was! Bwahahahaaaa!
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Post by jacksrbtr on Mar 27, 2014 17:02:17 GMT -5
Gen. James "Mad Dog" Mattis, USMC (ret.) said today at the lecture that our financial condition is the number one threat to our way of living.
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Post by clinton on Mar 28, 2014 9:22:24 GMT -5
China’s spot steel prices mostly ended this week higher, although market participants reported a slowdown in sales due to the increase, with the near-term outlook still uncertain.
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Post by clinton on Mar 31, 2014 8:25:04 GMT -5
Mar 31, 2014 - 11:13 GMT The Shanghai Futures Exchange has removed commissions for daily trading in aluminium, zinc, lead and rebar contracts, the bourse said on Monday.
Mar 31, 2014 - 10:34 GMT China’s spot steel markets mainly gained ground on Monday March 31, as an increase in raw materials prices and a strong futures performance lifted sentiment.
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Post by clinton on Apr 1, 2014 8:40:34 GMT -5
Apr 1, 2014 - 10:46 GMT China’s domestic steel markets continued to strengthen on Tuesday April 1, with all but flats prices in the east of the country gaining ground on improved sentiment.
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Post by nirvana on Apr 1, 2014 11:44:19 GMT -5
Thanks !! And I liked your new avatar)))
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Post by clinton on Apr 2, 2014 8:00:47 GMT -5
Apr 2, 2014 - 10:28 GMT China’s domestic spot steel markets remained largely in an upward trend on Wednesday April 2, although participants noted a slowdown in sales as some buyers shunned the higher prices.
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