Archives of “adviser” tag

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Navarro is now walking back his ‘its over’ comments!

  
  Analysis
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White House Trade Adviser Navarro is now speaking with the Wall Street Journal denying the trade deal with China is over.

!
Earlier:
  • Peter Navarro declares trade deal with China is over
  • Risk trades getting smashed on the Navarro comments that trade deal with China is over
  • More on White House trade adviser Navarro announcing the trade deal with China is over

Now this:

  • Navarro tells the WSJ his comment about China trade being “over” not as seems.
  • Says he was trying to make broader point about “trust.”
  • ‘Its over’ was not about the phase 1 deal, that remains in place
OK, so the lack of comment from Trump was the tell – Navarro was wrong to say what he did. This is an epic f*ck up from Navarro. Says he was making a point about trust … what, not to trust a thing this idiot says?
Still, if you caught some of the moves its all good!

White House’s Hassett: Studying very closely economic penalties for China

  
  Analysis
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Comments from White House economic advisor Kevin Hassett

  • Says all options on the table for China
Hassett is an odd guy to be commenting on this. He’s the economic guy but he’s not the guy who is usually talking about sanctions or things along those lines.
I keep going back to this comment from the Secretary of State and it’s soft.
Comments from White House economic advisor Kevin Hassett
I mean, “strongly urge”?
I just don’t see the US taking a real stand here. I mean, Russian annexed Crimea and what did they do? Some weak sanctions?
That said, who knows? The US reaction is the spot to watch right now and if they deliver something truly meaningful than it could be a game-changer. All eyes on Trump.

China told property risk is worse than in US

  
Analysis, Economy, Education
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UH OH: China told property risk is worse than in US. “The problems in China’s housing market are more severe than those in the US before the financial crisis because they combine a potential bubble with the risk of social discontent, according to an adviser to the Chinese central bank. . . . ‘The housing market problem in China is actually much, much more fundamental, much bigger than the housing market problem in the US and UK before your financial crisis,’ he said in an interview. ‘It is more than [just] a bubble problem.’”

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