25
Aug
Wrap – Week Ended 08/24/18
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The Blotter is updated.
Links to this week's SA posts:
Questions and comments under The Wrap will be addressed in the Monday post.
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25
Aug
This entry was posted on Saturday, August 25th, 2018 at 11:00 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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How not to run an oil co……..PEMEX Q4 loss of $18,6 Billion US$
Pemex Refinery security chief shot dead….drug cartels implicated.
AMLO reportedly blesses NAFTA deal after resolving oil investor issues
all above from Upstream
August 25th, 2018 at 3:38 pmBaylor
as per your Friday post
the US economy is bigger/stronger than any one person
GDP has been ramping…..interest rates as still historically low….inflation is tamed….new tax implications for corporations have not gone away and are favoring new investment…..that is just not going to go away
in this day and age of instant news dissemination..especially when one gets finger happy with tweets, keeping the eye on the ball is a skill we need to learn…..its just not how it used to be…
i remember only a decade ago when people used to speculate what was inside Greenspan's bag….how secretive and hush hush things were…that is just not the same anymore,….we are living on the other spectrum of news flow….but the economics have just not changed much…
to put it in perspective, China trade represents only a minor % of US GDP…..the reverse is not true however. China needs US market to dump their goods in a much bigger way. Also let's examine the rise in US manufacturing should China exports rise in price by 25%.
don't want to go into rant, but to sum it up, there's more to it than distracting noise when evaluating the impact of the current administration's view on trade policy
August 26th, 2018 at 8:24 amjust wanted to add something that i was thinking about the other day…something that takes me back to Economics class almost 30 years ago… 🙂
China needs to be careful with their response to US demands for fair trade….one thing i learned about human behavior is that we tend to buy a lot of cheap things whether we need them or not. Once things don't become cheap anymore, we inadvertently stop buying those things as the cost/pleasure indicator subconsciously drops….
There are many gadgets that come across our shores from China. We may just not need them after all.
August 26th, 2018 at 8:34 am