Archives of “Pulitzer Prizes” 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.

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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!

Tokyo Olympic exec floats idea of postponing the Games

  
  Analysis
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A piece in the Wall Street Journal, posting as an ICYMI:

  • Haruyuki Takahashi is a member of the Tokyo Olympic Committee’s executive board, says if the Olympics can’t go ahead (scheduled to commence in July)  the most realistic option would be to delay the event by one or two years
Japan has a lot riding on the success of the Games, huge investment has already been poured into preparation and a cancellation would have a terrible impact on tourism, retail and such.
Other execs have expressed confidence in proceeding as planned:
  • “Not a chance,” Tokyo 2020 Organizing Committee President Yoshiro Mori said Friday when asked whether the Games could be pushed back
A piece in the Wall Street Journal, posting as an ICYMI:

FOMC meet today – rate cut is widely expected but its ‘what’s next?’ of most focus

  
  Analysis
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Via the WSJ a good in summary look at what will be the focus in the
  • Without signs of a sharper deterioration in economic data, officials on Wednesday may seek to tamp down on expectations that they will keep cutting rates-including at their final scheduled meeting of the year in December
  • At the same time, soft economic data of late could make officials uncomfortable delivering an “all clear” signal, particularly because any residual damage from the U.S.-China trade war may not yet be fully reflected. 
The Journal characterize Powell press conference as him walking a tightrope given those two points they make.
Other metaphors include:
  •  “The challenge is threading a needle where the eye has become extremely tiny,” said Ellen Zentner, chief U.S. economist at Morgan Stanley
Link here for more, may be gated.
Earlier previews of the Federal Reserve Federal Open Market Committee policy meeting are here:

WSJ reports that ‘Iran Threatens to Pull Out of Nuclear Treaty, Like North Korea’

  
Analysis, Politics
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A piece in the Wall Street Journal on the threats from Iran (in case you missed them) that it will potentially follow the path of North Korea

  • Iran warned that if the 2015 nuclear agreement unravels, it make like NK and depart the Nuclear Non-Proliferation Treaty
Says the Journal – “threat, voiced by an Iranian official to reporters”
Link here for more (WSJ is gated)
Middle East tensions continue to simmer away.
A piece in the Wall Street Journal on the threats from Iran (in case you missed them) that it will potentially follow the path of North Korea Takes notes! CC in Iran!
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