Longer than what was initially anticipated. A long slog. You see stocks down 1. 3 . The small caps doing so well up six days in a row, now down 3. 2 . Crude oil is higher. A little bit of a relief rally from the brutal selling we had an oil for two weeks. Confirming the risk off tone, a rally for bonds. Investors taking chips off the table and moving to the sidelines, at least today. David a mildly risk off tone. Despite the abysmal economic numbers, we are down 9 . Are we still higher than we have a right to be . Abigail there is reason to think the markets may go higher. If we look at the rsi on the s p 500, it is nowhere near overbought. From what you would want to see is a set of lower highs. Youre just talking about the s p 500 numbers. It is stunning what we have seen in april. We may be down 9 from the alltime high, but in the month of april the s p 500 on pace for its best month since 1987. Much of this has to do with the big make a cap momentum strength. Around 20 of the index
It fits into this theme that weve covered over the past few years which is that as soon as the u. S. Used the u. S. Dollar and in particular swift as a financial weapon alternatives emerged and thus said in the end of the power of empire this is happened throughout history hubris often sinks an empire when they become a bully and so were going to look at what a story about china china working with a Dutch Company by the way here this is when the u. S. Slapped all those tariffs on agricultural goods and all sorts of goods that china retaliated by stopping all imports of story being products and of course argentina is a big producer of that so theyre chinas pivoting and having to re develop and build infrastructure in countries that they want to do business with so heres a headline china wants to build a greens super highway arjan tina here is the parana river is their main waterway and it dumps out in to the ocean and heres your guy heres argentina is when osiris and china has stepped a
It fits into this theme that weve covered over the past few years which is that as soon as the u. S. Used the u. S. Dollar and in particular swift as a financial weapon alternatives emerged and thus said in the end of the power of empire this is happened throughout history hubris often sinks an empire when they become a bully and so were going to look at what a story about china china working with a Dutch Company by the way here this is when the u. S. All those tariffs on agricultural goods and all sorts of goods that china retaliated by stopping all imports of sawrey being products and of course argentina is a big producer of that so theyre chinas pivoting and having to re develop and build infrastructure in countries that they want to do business with so heres a headline china wants to build a greens super highway and arjen tina here is the parana river is their main waterway and it dumps out in to the ocean and heres your guy heres argentina is when osiris and china has stepped away
Headline china wants to build a greens super highway arjen tina here is the parana river is their main waterway and it dumps out in to the ocean and heres your guy heres argentina is buenos aires and china has stepped away from u. S. Agriculture imports and said it would bid on a project that could create a greens superhighway and argentina reported reuters Chinese State owned Construction Company c c c c is readying a bid that would allow it to dredge argentinas parana river the countrys only river access or waterway for bulk vessels that transports soybean and corn from the pompous farm belt to the south atlantic they dont David Ricardo who is the concern for are about of talked about comparative advantage and here are a comparative advantage speaking if this river which would run through the grain belt and give argentina away to transport grain and give them a leg up over brazil in the u. S. The testers. Spent a lot of money moving the grain of the culture to the the rail track or w
A financial weapon alternatives emerged and thus said in the end of the power of empire this is happened throughout history hubris often sinks an empire when they become a bully and so were going to look at what a story about china china working with a Dutch Company by the way here this is when the u. S. Slapped all those tariffs on agricultural goods and all sorts of goods that china retaliated by stopping all imports of story being products and of course argentina is a big producer of that so theyre chinas pivoting and having to re develop and build infrastructure in countries that they want to do business with so heres a headline china wants to build a greens super highway arjen tina here is the parana river is their main waterway and it dumps out in to the ocean and heres your guy heres argentina buenos aires and china has stepped away from u. S. Agriculture imports and said it would bid on a project that could create a greens superhighway and argentina reported reuters Chinese Sta