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The Closing Bell: Stock Market Gains Evaporate After China Seizes U.S. Underwater Drone
FYI: U.S. stocks traded lower Friday, with the Dow industrials swinging to a loss following reports that a Chinese warship seized an underwater U.S. Navy drone in international waters off the coast of the Philippines.
@Anna, After January 20th 2017,Who knows? China state newspaper warns Donald Trump over Taiwan: 'Pride comes before a fall' A Chinese state-run newspaper has launched an unprecedented attack on Donald Trump
“The calculating businessman might feel shrewd about seizing China's fate by the throat through the Taiwan question,” the piece read. “However, the truth is this inexperienced President-elect probably has no knowledge of what he's talking about.”
“He has overestimated the US's capability of dominating the world and fails to understand the limitation of US powers in the current era...China is now confident enough to arm-wrestle with the US."China flies nuclear bomber over South China Sea as a 'message' to Donald Trump
More Trump Repercussions in Today's MarketFrom Seeking Alpha A dark shadow has crossed over parts of the retail sector as more analysts weigh in on the negative impact of a border tax adjustment on goods sourced from outside the U.S. The GOP and President-elect Trump are expected to agree to support some form of border adjustments.
The border tax could be especially difficult for apparel and footweat companies to overcome. The border tax could be especially difficult for apparel and footweat companies to overcome.
Retail stocks that trade weak today amid the discussion include Deckers Outdoor (DECK -6.6%), Fossil (FOSL -5.7%), Coach(COH -3.1%), Iconix Brand Group (ICON -2.9%), Ralph Lauren (RL -2.5%), Wolverine World Wide (WWW -2.3%), Lululemon ..... http://seekingalpha.com/news/3231209-concerns-border-tax-whack-retail-names
Comments
China state newspaper warns Donald Trump over Taiwan:
'Pride comes before a fall'
A Chinese state-run newspaper has launched an unprecedented attack on Donald Trump
“The calculating businessman might feel shrewd about seizing China's fate by the throat through the Taiwan question,” the piece read. “However, the truth is this inexperienced President-elect probably has no knowledge of what he's talking about.”
“He has overestimated the US's capability of dominating the world and fails to understand the limitation of US powers in the current era...China is now confident enough to arm-wrestle with the US."
http://www.independent.co.uk/news/world/asia/china-bomber-flight-send-message-donald-trump-taiwan-a7468021.html
http://www.independent.co.uk/news/world/asia/china-state-newspaper-donald-trump-taiwan-one-china-policy-a7471326.html
More Trump Repercussions in Today's MarketFrom Seeking Alpha
A dark shadow has crossed over parts of the retail sector as more analysts weigh in on the negative impact of a border tax adjustment on goods sourced from outside the U.S. The GOP and President-elect Trump are expected to agree to support some form of border adjustments.
The border tax could be especially difficult for apparel and footweat companies to overcome.
The border tax could be especially difficult for apparel and footweat companies to overcome.
Retail stocks that trade weak today amid the discussion include Deckers Outdoor (DECK -6.6%), Fossil (FOSL -5.7%), Coach(COH -3.1%), Iconix Brand Group (ICON -2.9%), Ralph Lauren (RL -2.5%), Wolverine World Wide (WWW -2.3%), Lululemon .....
http://seekingalpha.com/news/3231209-concerns-border-tax-whack-retail-names