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Corporate China the only place with more debt than Corporate America.
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Two major companies on Monday — Caterpillar and Nvidia — blamed China for poor earningsCaterpillar said that demand for its equipment in China declined in the fourth quarter, a bad omen for the global economy. So when do these people blame themselves? To trade or not to trade. That's what happens when you cut off the free welfare money. The U.S. will not subsidize Chinese growth anymore.🇺🇸
Source: CNBC - 🏆 12. / 72 Read more »
Stocks ride relief rally, Sino-U.S. trade a hurdleAsian shares sped ahead on Monday as a dovish turn by the Federal Reserve and st... I want a refund on all my broke and bent tools I bought from the Great Wall-Mart of China! They rode that very hurdle now it time off So what - big gains are great - but not with the volatility Trump's causing... Especially since those damn TaxCuts amplified the separation of wealth problem. I'm a capitalist and love automation - but when consumers don't have any more cash, EVERYONE looses - even the rich.
Source: Reuters - 🏆 2. / 97 Read more »
Asian stocks cautious as US-China trade talks continueThe second day of trade talks between the U.S. and China is set to kick off today, after a spokesman from China said Monday that Beijing is willing to resolve its trade disputes with Washington on an equal footing.
Source: CNBC - 🏆 12. / 72 Read more »