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- Today’s White House Tweets: President Trump
2…………>US Trade Deficit Explosion: A Trade War Casualty
Markets are struggling to discern direction from negotiations between the US and China on a trade agreement, as the Federal Reserve Beige Book indicated a slowing global growth and the government shutdown weighing on the US economy at the start of the year but that it continued to grow.
Stocks lost ground after the country’s trade deficit widened in December and the shortfall with China worsened, despite US President Donald Trump’s tariffs, the shortfall increasing by nearly 19 per cent in December, leading to a $US621 billion gap for 2018, the largest since 2008.
Due to Washington imposing tariffs on $US250 billion worth of Chinese goods, the goods deficit with China rose to all-time high last year.
3…………>Texas Longhorn Competition: Houston
A girl and her Texas Longhorn wait to take part in the Texas Longhorn Contest in Houston, Texas, the United States, on March 5, 2019.
The contest was held here as part of the Houston Livestock Show and Rodeo held till March 17, 2019. (Xinhua/Yi-Chin Lee)
4…………>On The Front Lines Of Defense Of Freedom: US Navy
PACIFIC OCEAN (March 3, 2019) The guided-missile cruiser USS Mobile Bay (CG 53) breaks away from the fleet replenishment oiler USNS Walter S Diehl (T-AO 193) during a replenishment-at-sea in the South China Sea, March 3, 2019.
Mobile Bay is part of the John C. Stennis Carrier Strike Group and is deployed to the US 7th Fleet area of operations in support of security and stability in the Indo-Pacific region.
US Navy photo by Mass Communication Specialist 1st Class Bryan Niegel (Released) 190303-N-UI104-0075.
5…………>Market Report for 03/06/2019, cover short stop at 25900, CG 4710, 11/21/2019
Long position at 22900, sell stop at 25100 triggered for a gain of 1900 points, last position short 25050, cover short 25150 for a loss of 100 points, new position long 25150, sell stop closed at 25850 for a gain of 700 points. New position short 25850, cover short stop 25800 for a gain of 50 points.
Stocks down 133 to 25673, DJ futures -41, rally continuing due to anti-tariff talks to end the government shutdown and China spending 1 trillion dollars to buy US products. Gold down to 1287.1.
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