Higher carrots and tougher sanctions now while it seems that the risk of a full blown currency wars are now at diminished both economies have been ravaged by the ongoing trade war so after all the dust settles who is in better shape now lets take a look at this this shows the 4 major Central Banks the e. C. B. The bank of japan the peoples bank of china and the fed over in red and their total assets so what do you notice here this is a really interesting trend right now because all of the worlds Central Banks are kind of converging together and coming together at a very similar valuation up here but then theres the one the fed thats actually breaking the trend here everyone else has come to an equal stance at about 5. 2 trillion in assets but the fed has been on autopilot to reduce its Balance Sheet the reverse of everybody else they did so through a series of quantitative tightening starting at the end of 2017 but now this has resulted in a liquidity drain that is tightening the u. S.
Where the currency manipulator label while it is in part symbolic it can actually open doors for very real consequences by doesnt it country as a currency manipulator it opens the doors for trump to set more formal punishment higher carrots and tougher sanctions now while it seems that the risk of a full blown currency wars are now at diminished both economies have been ravaged by the ongoing trade war so i after all the dust settles who is in better shape now lets take a look at this this shows the 4 major Central Banks the e. C. B. The bank of japan the peoples bank of china and the fed over in red and their total assets so what do you notice here this is a really interesting trend right now because all of the worlds Central Banks are kind of converging together and coming together at a very similar valuation up here but then theres the one the fed thats actually breaking the trend here everyone else has come to equal stands at about 5. 2 trillion in assets but the fed has been on au
True chinese trade delegation will travel to washington in september to conduct the next round of face to face negotiations and its most recent statement on thursday china indicated that it might not move forward with the latest round of tariffs on the u. S. Instead stressing the need for the worlds 2 largest economies to the conflict the ministry of commerce spokesperson golfing said that china has ample means for. But thinks that the question should be discussed. Should be discussed now is about removing tariffs as it is not conducive to china or the us both china and the us seem to want to call a ceasefire after this year long trade war on monday trump conceded that trumps phone calls from china did not happen the way he said they did and that it was his attempt to project optimism to boost markets trump has been increasingly concerned about the markets inability to breach 3000 and is agitated the destroyed war with china is dragging on months longer than expected. Earlier this mont
Nato supreme allied commander, james defree tus joins us, he is chief International Security and diplomacy analyst for nbc news and msnbc, really important day to have you on along with columnist and associate editor for the Washington Post david ignati ignatius, and u. S. National editor at the Financial Times ed luce joining us from washington. Basically if you blink, you might miss it. Look at yesterday, House Democrats announced this was the big story we thought, articles of impeachment against the president. Shortly after 9 00 a. M. , after we went off the air, an hour later they were announcing a bipartisan trade deal at noon. Attorney general william barr was back at it putting politics above the fbi. Next, it was the Trump Administration giving russia a bull horn to lie about its meddling in american democracy. The president spun his own stories later that leader in pennsylvania including false claims about the progress of his border wall. In reality, a federal judge was busy b