The S&P 500 set a record high close at 2,965 points. This is of course on the heels of the US/China trade “truce.” There wasn’t much news here, but the markets are driven by headlines and a truce is better than a further escalation so the markets took a big sigh of relief. Now we know that neither side is in any hurry – so it’s anyone’s guess as to how long this trade war/truce will last. What we must be mindful of as The Kapital News has been stating for some time now, is if and when the Chinese start to become more vocal in the media about the progress or lack thereof regarding trade negotiations. If the President of the United States and his White House make positive remarks, like they have over the course of the last several months, but are now countered by Chinese rhetoric, whom will the markets believe? This is a serious question and as we have predicted, the Chinese are starting to make comments. Check out this episode!
The G-20 meeting in Japan is underway and all eyes and ears are awaiting the conclusion of the trade talks between Presidents Trump and Xi. It has been reported today that President Xi will present his case for what the USA needs to do to reach a trade truce at this juncture. These bullet points highlight the divide between the two nations and it will be near next to impossible for President Trump to acquiesce to these demands. They are centered around removing the ban that the US has placed on Chinese tech firm, Huawei. This company has been and is considered a national security threat to the US – so how can Trump simply put this aside? Next, China wants all punitive tariffs removed – again, same question as above considering how “effective” President Trump claims they have been for the US. It must also be considered that a major sticking point from the US side is that the Trump administration wants an enforceable deal – wouldn’t this imply that tariffs will remain in tact to some degree until the Chinese make good on the agreement? Lastly, President Xi is expected to tell President Trump that the US needs to remove the demand that China needs/has to buy more US goods and services. This will be another challenge to President Trump as he has promised farmers and ranchers a great deal with China, thus increasing the sales of their crops and livestock. So the question remains – is the trade war ending this weekend, or just getting started?
We have strongmen the world over in Iran, North Korea, China, and the USA all playing a game of poker. Who has the cards and who is bluffing? I believe we’re about to find out soon because a lot is taking place and these players are going to have to turn over their hands. We have sabre rattling in Iran and Iran responding in kind. We have President Xi set to meet with Kim Jong-Un of North Korea, and we have the upcoming G-20 meeting in Japan – will Trump and Xi meet? There have been a lot of threats thrown out from all sides – who will blink first and can the world afford these strongman tactics? We’re going to find out shortly.
Ep. 48A - Brexit Revolution + Timeliness of Assange
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The UK political revolution may play out as we have been calling for as Nigel Farage, the former leader of UKIP and a leading voice of Brexit, is now starting the Brexit Party. In the event that the UK partakes in the EU parliament elections, the Brexit Party wants to send as many members as possible to the EU to be a major thorn in their side. Also, the timeliness of the Assange arrest is something to note, given the backdrop of the Mueller report, AG Barr’s recent testimony, and the Dems and MSM upping their attacks, not only on President Trump, but also on the AG. Get ready!
Political investigations, nuclear bombs, and failed negotiations. Just a few regular stories for a world spinning in multiple directions. At least the Spring is on its way!
The 3-ringed circus continues in DC with a public hearing of Trump’s former lawyer and “fixer,” Michael Cohen. Despite attempts at peace and prosperity with the North Koreans and escalation between India and Pakistan – the most important story is the 3-ringed circus.
Ep. 16A - Trump-Kim Round II + Brexit: Another Referendum?
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President Trump is set to meet with North Korean Leader, Kim Jong-Un. Will this relationship translate into peace and prosperity – let’s all hope. This would be a great thing for the world. In a blow to the people’s vote – is the UK setting up for a 2nd referendum?
