Economics homework， due 10/2
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dis6.docxRequirements
Assignment:
Choose a current news article (no overlapping please) that relates to the topics covered in this module. [Note: please select an article that's current, no less than one year old.]
Read the discussion board to ensure the article is not being used by another student.
Post the article name and source to the discussion board.
Summarize the problem cited in the article and propose a solution if available.
Be sure to relate the problem and solution to the textbook and other readings for the week. Articles/topics not related to the weekly learning topics will not receive full credit.
In your replies, include an alternative solution and state your rationale.
Quantity:
Each student must make a minimum (for a chance at the best score – post early and often) of two posts for each discussion – one initial post and one reply to posts made by your peers.
The initial post must be approximately 200-250 words in length and made by Wednesday evening at 11:59 pm.
The reply post must be approximately 50-75 words in length and may be made anytime before Sunday evening when the week closes at 11:59 pm.
Quality:
All posts must be substantive, relevant, and respectful, and contribute value to the discussion. “I agree” types of posts are fine to make, but they do not count towards the minimum posting requirement.
Part 1: initial post(200-250 words and you can use other’s post as an example)
Topic: Financial Instruments, Financial Markets, and Financial Institutions.
Part 2: reply to posts (50-75 words)
Other’s post:
I will be discussing the article “Stocks open slightly higher as Street monitors US-China trade developments,” by Fred Imbert on CNBC News on U.S. markets.
https://www.cnbc.com/2019/09/30/us-stocks-investors-monitor-us-china-trade-impeachment-inquiry.html (Links to an external site.).
Since today’s morning (Monday, September 30th, 2019), stocks have somewhat opened a little bit higher than before. Investors have been on top of the latest trade development between China and the United States. According to this article, as the week starts, the Dow Jones Industrial Average climbed sixty-six points or 0.25 %. The Nasdaq Composite gained 0.3% while the S&P 500 climbed to 0.2%. On the other hand, the technological sector had the best performing in the S&P 500, rising to 0.4%, while financial rose to 0.3%. However, Wall Street ended lower last week. There were some reports regarding the White House taking some considerations of limiting U.S. investments in China. There is also another possibility of removing Chinese companies from the U.S. stock exchanges; this policy will escalate the current ongoing trade war between the two superpowers.
The Chinese government officials have called the new potential restrictions as “the latest attempt at decoupling.” Nevertheless, the Chinese officials also warned of several significant repercussions for the U.S. companies in China. They believe the proposed restrictions on Chinese companies will affect both sides. However, the Department of Treasury spokeswoman said: “The administration is not contemplating blocking Chinese companies from listing shares on U.S. stock exchanges at this time.” Such a statement has helped Wall Street to lift today.
Furthermore, U.S. and Chinese officials are to meet on October 10th. Each economy is trying to get to the best deal for each other. Both countries have imposed tariffs and sanctions on billions of dollars worth of their goods. During the ongoing trade war, The Nasdaq Composite was down during September beginning Monday’s session while the S&P 500 and Dow were up more than 1%. According to the chief U.S. investment strategist at BCA Research, said in a note, “The fundamentals of the U.S. economy remain strong, but investors’ skittishness has caused stocks to fluctuate with the ebb and flow of news headlines, the U.S.-China trade war continues to loom as the biggest risk to the global economy and the main source of investor angst.” If the trade wars are pushing the country towards a recession, then the current administration will somehow calm down on their aggressive tariffs on China.
