Thursday, April 24, 2025

Bull in a China shop.

 

Huh?

AP Link.

__________UPDATE__________

 https://www.forbes.com/sites/brendanahern/2025/04/24/china-market-update-tariff-talk-roller-coaster-continues/ - which states:

Premier Li and the State Council once again reiterated that it is necessary to “stabilize the stock market and continue to promote the stable and healthy development of the real estate market." Mainland media outlet Yicai noted that U.S. shipments of liquid natural gas to China went to zero in March, versus 412,500 tons in March 2024, as China’s 99% LNG tariff and 94% oil tariff take hold. The European container shipping index futures fell -9% overnight. It is hard to know whether fewer boats going to the U.S. means more supply for Europe, leading to the price decline, or indicating the trade war is weighing on the global economy. Regardless, the two sides should get talking, in my humble opinion.

If any segment of the U.S. economy should suffer, it's that one. NOTE: You will not see any sign of price adjustment at the pump. They got you and know it, so you hope at least the Chinese economic adjustment pinches them. They earned scorn, so don't feel inhibited in showing it.