And it’s not looking like a Tiger market Here’s a bit of fun ahead of the weekend. Bloomberg’s Jacob Bourne notes that Tiger Woods has won the Masters golf tournament four times, in 1997, 2001, 2002 and 2005.
More upbeat comments – NAFTA teams will continue to work intensively in the days to come Trudeau also speaking: – Says will continue to stand up for Canadian jobs
US February consumer credit – Prior was $13.91B – Revolving credit +$148M – Non-revolving credit +$10.45B Looks like it’s all auto loans.
Larry Kudlow on Bloomberg – Trump is the first President to challenge China – China is stealing our technology – Negotiations have not really begun yet – China’s response has been unsatisfactory That was a great interview but the problem is that I don’t believe Kudlow really speaks for Trump or for the White House.
It’s more about non-farm payrolls than trade USD/JPY is back down to 107.00 and testing the Asia-Pacific low of 106.99 that came after Trump’s latest tariff threat.
Kudlow tells reporters he heard at the same time as everyone else Going forward, keep in mind that Trump’s advisors and spokesmen have no idea what he’s going to do next. He might not know what to do next.
Canadian manufacturing survey – Prior was 59.6 – Non-seasonally adjusted 64.7 vs 58.4 prior
Cohn gave PowerPoint presentations, Trump didn’t listen The WSJ reports that Trump’s economic team tried to talk him out of a battle with Amazon, showing him that his beliefs about taxes and exploiting the postal system were untrue.
China and the US aren’t talking Larry Kudlow and Wilbur Ross said Trump’s tariffs on China were a negotiating tactic. But for that to be true, there needs to be negotiations, something US officials have said is taking place.
Reports that his status has been upgraded I didn’t think there was any recovery from that kind of nerve agent, but evidently he’s getting better. It will be interesting to hear what he has to say about who tried to kill him.