tyb
Autos, farm products head list in Japan-U.S. trade talks
WASHINGTON — Japan and the United States agreed to prioritize discussions on automobiles and agricultural products for their new trade agreement during the two-day first round of negotiations that ended in Washington on Tuesday.
The two countries also agreed to start negotiations on digital trade such as e-commerce.
Whether the introduction of a clause to restrict currency devaluation will be included in the negotiations is inconclusive, indicating the possibility that consensus building will proceed with difficulty.
Toshimitsu Motegi, minister for economic revitalization, and U.S. Trade Representative (USTR) Robert Lighthizer led the trade talks. They are expected to meet again to advance the talks when a summit between Prime Minister Shinzo Abe and U.S. President Donald Trump is held in Washington in late April.
“We were able to frankly exchanges views,” Motegi said at a press conference on Tuesday after the talks. “I believe we’re off to a good start.”
The USTR released a statement, saying, “The two officials reaffirmed their shared goal of achieving substantive results on trade.”
Regarding Japan’s automobile exports, which have led to a trade imbalance with the United States, Motegi said, “We are proceeding with talks with an eye toward a win-win agreement.”
Over the abolition or reduction of tariffs on agricultural items, the Japanese side reiterated its stance that the levels that Japan has agreed to during Trans-Pacific Partnership negotiations are the lines that it will not cross. The U.S. side is said to have expressed an eagerness to resolve the current situation in which U.S. products are at a disadvantage due to impacts such as the TPP coming into effect. Japan and Australia are among the 11 countries that are party to the TPP trade deal.
Japan had intended to limit the negotiations with the United States to a trade agreement on goods, but agreed to include digital trade after the United States proposed it. The two countries apparently aim to work together to seize the initiative in establishing rules in this area ahead of China and other emerging countries.
http://the-japan-news.com/news/article/0005680948
(thank god munchkins not doing this-something might actually get done instead of endless PR statement's)
https://www.secform4.com/insider-trading/40533.htm
better than what you post douchebag
BlackRock strategists advocate trimming investment portfolio risk
NEW YORK (Reuters) - Strategists at the world's largest asset manager BlackRock Inc told their financial adviser clients on Wednesday to look at cutting back on risk and lower expectations for high returns on stocks and bonds.
"We may get another leg-up from earnings but I would say the type of returns we experienced in the first quarter should not be extrapolated," BlackRock's chief equity strategist Kate Moore said during its quarterly U.S. wealth advisory event, which was attended over the web by about 1,300 of its financial adviser clients.
"We just want to be conscious of the fact that for both equities and bonds, the types of returns that you've experienced - not just in 2019 but over the course of the last decade and before - are going to be difficult to replicate," said Moore.
U.S. stocks have appreciated sharply in recent years, thanks in part to steps the U.S. Federal Reserve took to resuscitate the U.S. economy after the financial crises of 2007-09, but worries abound that investors may be in a late-cycle environment, BlackRock strategists said.
Indeed, the benchmark S&P 500 stock index has gained about 16 percent in 2019 due to monetary and fiscal stimulus efforts in China and signs the U.S. Federal Reserve will delay further rate hikes for the time being.
https://finance.yahoo.com/news/blackrock-strategists-advocate-trimming-investment-213604725.html
But Larry you said this yesterday:
Stock market at ‘risk of a melt-up, not a meltdown’, warns BlackRock’s Larry Fink
Despite where the markets are in equities, we have not seen money being put to work,” Fink said. We have record amounts of money in cash. A meltup is often defined as a sharp and unexpected rise in the price of an asset class, driven largely by a stampede of investors who are more concerned about missing out on a big up move than by improving market fundamentals.
https://finance.yahoo.com/m/f33487c7-1867-3d48-923c-be64d74cb3f6/stock-market-at-%27risk-of-a.html