The WSJ noted that the U.S. and China

made little progress in trade talks. Because they are sharply divide, the first round of talks effectively failed. The U.S. team did not meet with President Xi, neither did they see Vice President Wang.

There is no hope that they can reach any consensus before the deadline for the implementation of section 301 tariffs against Chinese goods. 

The U.S. may go after Huawei as retaliation. If the U.S. put Huawei on the sanctions list, the impact on Huawei's overseas businesses would be both broad and profound.

I expect the volatility of the global stock markets to persist into the summer or even longer. If 2018 is not a 2007, it could behave like 2005.

I hope it's going to be a 2005, not a 2007. But who knows?

In 2007, when BNP Paribas' liquidation of the mortgage portfolio triggered the panic of investors, some people said the panic would be short lived, but the others said they saw the cloud becoming thicker and larger, indicating a large storm was approaching. 

Trade war between the U.S. and China and the shrinking balance sheets of major central banks are today's clouds. Are they becoming thicker and larger?

所有跟帖： 

• 我听说要加息，才买了JPM和GS，可它们反而跌。还好GS前些日子卖了。 -abcfed11- ♀ (0 bytes) () 05/04/2018 postreply 19:50:28

• Increasing interest rate will do good for JPM, because it has -autumnjune- ♀ (79 bytes) () 05/04/2018 postreply 19:53:00

• 问题是JPM天天跌。ER好也跌。 -abcfed11- ♀ (0 bytes) () 05/04/2018 postreply 19:56:23

• Earnings report beat the expectation. However, -autumnjune- ♀ (220 bytes) () 05/04/2018 postreply 19:59:09

• 被套了，出不来了，还好只有20股。 -abcfed11- ♀ (0 bytes) () 05/04/2018 postreply 20:00:39

• Calm down. I like JPM, the largest bank by asset -autumnjune- ♀ (71 bytes) () 05/04/2018 postreply 20:03:42

• ok. Hope so. Thanks -abcfed11- ♀ (0 bytes) () 05/04/2018 postreply 20:06:37