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Steve Coker, CFP
- Oct 14, 2019
- 2 min
A Deal With China?
The Dow fell 1.6% last Tuesday on news that Trump was expanding the trade war with China. Since that time the Dow rose 2.7% on rumors that a deal was imminent. The trade war remains one of the most substantial risks to the global economy and the market appears to be spinning on news and partial news. Friday was a good example when the Dow rose as much as 500 points after Trump tweeted about progress on a deal with China, but then gave back 200 of its 500 point gain when in
Steve Coker, CFP
- Jul 1, 2019
- 2 min
Trump-Xi: What we learned
One of the most significant issues facing the global economy is the ongoing, smoldering trade war between the US and China. This tense conflict has been threatening to ignite into a full-scale trade conflict that would derail the global economy, particularly in China where any tariffs would hurt the most, but also around the globe where Chinese slowing could domino to the rest of Asia and Europe, and potentially the US. With so much at stake the world was watching when Pres
Steve Coker, CFP
- May 30, 2017
- 3 min
China at Crossroads
As most of the press focuses on the US economic growth, fueled by Trump’s expansionary policies and tax reductions, it is important to remember that, although critically important, the US is still only a part of the global economic story. In fact, even with the higher US growth outlook, the United States only represents about 10% of projected global growth. It is emerging markets that represent a full 40% of global growth, with China specifically generating 30% of expected
