Trump's threats to China cause market losses
US stocks have made way for losses after President Donald Trump threatened a ‘massive increase’ in the rates on Chinese goods, which stated the fear of an increase in the trade war. The profits in the markets faded quickly as the Standard & Poor’s 500 index (S&P 500) fell by about 1.6%. In contrast, bonds have risen, with the return on ten years of treasury notes falling by seven basis points to 4.07%. The dollar also fell at the end of its best week since November. Trump said he had seen “no reason” to meet with Chinese President Xi Jinping, and pointed out what he described as China’s recent “hostile” restrictions on the export of rare earth metals. He added that among the countermeasures considered by the United States, “a large increase in customs duties on Chinese products to the United States is to the United States,” and note that there are also many other measures under serious study. ‘A Chinese counter-escalation. Trump’s statements came after China imposed new port fees on US ships and an anti-monopoly investigation against Qualcomm Inc. began, after new moves to limit the export of rare earthminerals needed in the production of many consumer products. Buy Spree or Bubble? This achievement in the markets comes after several reports of a buying store in the markets over the past few days, which put them at risk, especially if the markets were at their peak. According to a note from Bank of America Corp, investors are currently buying everything from stocks to bonds and cryptocurrencies. The memo, based on EPFR Global data, indicated that global equity funds attracted $ 20 billion during the week during the week ended, while $ 25.6 billion flowed into bond funds. Cryptocurrency funds were also witness to inflow worth $ 5.5 billion, while nearly $ 73 billion was added to cash funds, indicating that investors still have sufficient liquidity to invest. Artificial intelligence under the Microscope HSBC streets also expected gains in global markets to stop after their record performance, thanks to better than expected profits during the third quarter. Bloomberg quoted Alistair Binder and Dmitri Leskin and said that they did not see artificial intelligence as “bubble area”, given the size of the potential market and that valuations are still below levels of the internet bubble at the beginning of the millennium. They added that lower interest rates and financial relief will encourage investors to put their money into stocks rather than money market funds. Despite the volatility seen by the Standard & Poor’s 500 index this week, the index has so far recorded five new record closures, bringing the total number of record shuts since the beginning of the year, according to the urging investment group. The group said: “What is even more impressive is that these 33 closures came to 57 record closures last year. With a total of 90 record closures in the past two years, there were only five two -year periods in which the market achieved a greater number of record closures. Not to be too optimistic, but that there is a real possibility that this period will take a place in the top of the year.” Market ignores uncertainty. Florian Ilbo of Lombard Odier Investment Managers said: ‘What should attract the attention of investors this week is the progress the market is making despite the uncertainty: Prices exceed the boundaries of the returns paid, which is one of the many indicators that the market has decided to ignore the surrounding uncertainty and it seems to be in a bubble of revenue. Ulrike Hofmann -Borchardty of UBS Global Wealth Management, she is strong in the near term. Market. Technologies Inc. and Riot Platforms Inc- is significantly better than the index. Strong performance, but the strength behind it begins to weaken.