3 October 2024

Howe Street Reporter Title

Tag: Trump

  • Tuesday Recap: Political Economy, AbbVie, and Apple

    Tuesday Recap: Political Economy, AbbVie, and Apple

    Before it’s here, it’s in your inbox. Sign up for our daily markets newsletter here. Daily updates about what’s moving the markets. Political Economy I’m certain that Donald Trump’s legacy as President will contain many things, one of which will certainly be his impact on global markets. I think this will be iconic for two distinct reasons:…

  • Investor Alert: here’s what a regular Chinese communist thinks about the trade war

    Investor Alert: here’s what a regular Chinese communist thinks about the trade war

    I recently met an electrical engineer in Chengdu China I’ll call “Mr. Kin”.  He’s 53 years old, works for a private utility company. He’s been a member of the Communist Party of China since he was 18 years old. Mr. Kin is not rich, but he’s not poverty-stricken either. His daughter is studying psychology at…

  • CopperBank (CBK.C): No China didn’t “blink” – it’s squeezing its eyes shut trying not to laugh

    CopperBank (CBK.C): No China didn’t “blink” – it’s squeezing its eyes shut trying not to laugh

    Last month, the International Copper Study Group stated that copper demand has exceeded supply by 155,000 metric tons in the first four months of this year. CopperBank Resources (CBK.C) controls four copper projects: CBK is a penny stock, trading at .04, with a market cap of $12 million.  We figure the downside is about a…

  • Long and Short (Ep 2): The rate cut and what it means

    Long and Short (Ep 2): The rate cut and what it means

    For the first time since 2008, the Fed cut rates by 25 basis points to boost economic growth. In a perfect world, a lower cost of borrowing would’ve made the market soar.  But stocks fell yesterday, and they fell today. It’s complicated. Let’s get into it: Interest rates and the economy The interest rates set…

  • China to Trump: “You owe us $1 trillion you rude Nazi!”

    China to Trump: “You owe us $1 trillion you rude Nazi!”

    Cadet Bone Spurs (President Trump) has an obsession with nicknames (“Crooked Hilary” “Sleepy Joe” “Crazy Bernie”) so he’s probably aware that Chinese pundits refer to him as “唐纳德” – a double entendre – meaning both “Donald” and “Rude Nazi”. Other popular nicknames for Trump translate as “Rogue Villain” “Dishonest Greedy Merchant” and “Senile Politician.” Unearthing…

  • Why did Nexus Gold (NXS.V) spike 65% after a 10-1 rollback?

    Why did Nexus Gold (NXS.V) spike 65% after a 10-1 rollback?

    On May 24, 2018 Nexus Gold (NXS.V) announced that it closed a $3 million private placement (PP) of 20 million units at a price of $0.15 per unit. That’s a little unusual – because Nexus is trading at .33 – more than double the PP price. The TSX and TSX.V require that a private placement…