Pinterest Pinterest Twitter Local NewsBusiness WhatsApp Facebook WhatsApp ELAM: The Trade War Begins, Oil Prices Look Toppy Facebook Twitter West Texas Food Bank Logo Inconsistent remarks by President Donald Trump and his Treasury secretary about the dollar this week sent the U.S. Currency on a roller coaster ride that was shadowed in reverse by crude oil prices.The greenback had fallen to three-year lows earlier in the week after Treasury Secretary Steven Mnuchin’s comment that a “weaker dollar is good for trade,” buoying oil prices, only to have sentiment do an about face late Thursday after Mr. Trump said he wants to “see a strong dollar.” Comments by both Messrs. Trump and Mnuchin came during the World Economic Forum in Davos, Switzerland.The U.S. currency tends to have an inverse relationship with dollar-denominated commodities like oil.But by Friday morning, the dollar was losing traction, once again sending oil prices north.Wall Street Journal Energy Report Friday January 26, 2018Inconsistent remarks by President Donald Trump and his Treasury secretary about the dollar this week sent the U.S. Currency on a roller coaster ride that was shadowed in reverse by crude oil prices.The greenback had fallen to three-year lows earlier in the week after Treasury Secretary Steven Mnuchin’s comment that a “weaker dollar is good for trade,” buoying oil prices, only to have sentiment do an about face late Thursday after Mr. Trump said he wants to “see a strong dollar.” Comments by both Messrs. Trump and Mnuchin came during the World Economic Forum in Davos, Switzerland.The U.S. currency tends to have an inverse relationship with dollar-denominated commodities like oil.But by Friday morning, the dollar was losing traction, once again sending oil prices north.>> Wall Street Journal Energy Report Friday January 26, 2018Chief of Staff John Kelly stayed home to deal with immigration issues. Left on their own, the world got directly conflicting messages from President Trump and his Treasury Secretary Mnuchin. Considering the Davos Switzerland meeting is the CEO event of the year, one would wish the two could have gotten their stories straight. But such is Life with Trump.Chart wise the dollar has hit a new low. The Euro has hit a new high. But another event occurred which may well forecast the inevitable top in the stock market.On Wednesday President Trump signed executive orders raising tariffs on solar panels and clothes washing machines. Does Whirlpool need Presidential intervention? Are Samsung and LG dumping washing machines at Home Depot?Republican senators were quick to respond. They disagreed with the idea of a retaliatory tariff war. As Roy blunt R-Mo. put it, “I think we need to be more positive about our trade opportunities.”Lawmakers also stressed caution regarding Trump’s dissatisfaction with NAFTA. This has also been the case with multiple Chambers of Commerce, governors, and both Mexico and Canada. Senator John Thune R-S.D. remarked that “withdrawing from NAFTA would be a disaster.”This foolishness has a historical antecedent. By the spring of 1930, the stock market had recovered about half its losses from the fall of 1929. The Tariff Act of 1930 aka the Smoot-Hawley Tariff was signed June 17, 1930. These retaliatory tariffs cut both imports and exports by half during the Great Depression. In fact the Depression would not end until its repeal via GATT, the General Agreement on Trade and Tariffs signed in October, 1947.The actual tariff on dutiable goods soared by 1932-33 to 59.1 percent in 1932. By 1933 imports decreased 66 percent and exports decreased 61 percent. Unemployment was 8 percent in 1930 but jumped to 25 percent. Roosevelt began lowering tariffs upon his election. But real reform waited until the Bretton Woods Agreement of 1944.Oil prices were up about twenty cents Friday morning. But energy shares were looking toppy. The Energy ETF XLE reversed course over the last three days, stalled at $78. Energy Service XES is turning down at $19. Momentum is also rolling over. Brent is still about five dollars higher than West Texas Intermediate. But momentum indicators for both appear to be peaking.A canary in the coal mine warning was issued by the reversal in price of Cliffs natural Resources CLF. Cliff announced decent earnings Thursday. The stock price had rallied from $5.75 to $8.75. The price jumped to $9.15 on the news. Then price immediately reversed closing at $7.89, just over the low at $7.60. Technicians refer to this as an outside reversal day. CLF is involved in production of iron ore. An expanding economy would need more of just that. But this reversal suggests otherwise.So what is the bottom line? Energy prices have had a great run. We suggested last week that it was time for a pause. That pause may be much more profound than we had thought. Mixed messages from the President and his Treasury Secretary never help markets. Now we have the President feuding with his own party and the Democrats, always on the side of their unions, favoring protectionism. Both Canadian and Indian leaders criticized the tariff idea at Davos this week.Look for energy prices to peak for the time being. All attempts at calling a top in the stock markets have failed thus far. But the actions this week could eventually put the brakes on stock market party. By admin – January 28, 2018 Previous articleTopping Out ceremonyNext articleHART: Next on Trump’s agenda: Address the educrats’ college monopoly admin
Tag Archives: 女生自荐龙凤
5 Mavin Lane, Cottonvale. Encompassing 8.37ha of elevated land in the heart of the Granite Belt region, this impressive property at 5 Mavin Ln, Cottonvale, boasts six paddocks as well as a luxurious homestead. Known as Mavinfield, it is close to national parks, hiking trails and Stanthorpe’s collection of fine-dining restaurants and wineries.The well-established property offers ideal farming conditions for growing fruit, supported by cattle yards, three-phase power and an underground irrigation system connected to six water tanks and a reliable well, which provide more than 100,000L of water. 5 Mavin Lane, Cottonvale.There are three areas for outdoor entertaining, including the covered deck surrounded by a rock garden, a courtyard with water feature, and a dining pavilion with log fireplace.Separated from the main house is a three-door Colorbond garage with a bathroom standing alongside a drive-through motorhome garage with a 4m-high roof.Agent Andrew Goodall said the property was in immaculate condition, ready for a new owner to enjoy its sense of space, revenue opportunities and regional spoils. 5 Mavin Lane, Cottonvale.A sunroom provides additional space for relaxation, while the nearby kitchen is a culinary haven with stainless steel appliances, spacious benchtops and a bi-fold serving window opening to a tiled deck. The residence has three bedrooms, all of which are carpeted and include plantation shutters and airconditioning. Two of the bedrooms also have ensuites, while the third is reached via a separate entrance and hallway. 5 Mavin Lane, Cottonvale.A central laneway to the paddocks, three-street frontage and easy highway access also gives the property opportunities for tourism ventures and future development.More from newsMould, age, not enough to stop 17 bidders fighting for this home1 hour agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor7 hours agoWith a north-easterly outlook, the modern three-bedroom homestead captures countryside views and cooling breezes.Designed to complement the surrounding environment, the residence boasts red cedar joinery, numerous outdoor entertaining areas, and established gardens.The interior focuses on open living spaces, including a formal dining room and lounge room with a fireplace.
The Batesville Middle School 7th Grade boys lost to South Dearborn on Tuesday night. The Bulldogs dropped another heartbreaker, 29 to 27.Batesville got down by 6 in the 4th quarter, however was able to put together a great comeback, taking the lead 25 to 24 with about 2 minutes to go in the game. But some costly mental mistakes and turnovers cost the Bulldogs a hard fought road victory.The 7th Grade was led by Calvin Sherwood with 9 points, Mason Barker with 5 points, Ethan Brewer with 4 points, Trey Peters with 3 points, and RJ Powell, Nathan Villani and Alex Siefert each added 2 points.The Bulldogs now drop to 3-7 on the year. Batesville will play again this week on Thursday night at Batesville Middle School when they take on the Milan Indians.Score By Quarter: Batesville: 1st-2, 2nd-13, 3rd-3, 4th-9, Total-27South Dearborn: 1st-6, 2nd-5, 3rd-9, 4th-9, Total-29Individual Shooting: Mason Barker: 2FG-0, 3FG-1, FT-2 for 2, Total Points-5; Calvin Sherwood: 2FG-4, 3FG-0, FT-1 for 4, Total Points-9; RJ Powell: 2FG-1, 3FG-0, FT-0 for 0, Total Points-2; Bristol Davies: 2FG-0, 3FG-0, FT-0 for 0, Total Points-0; Damon Grieshop: 2FG-0, 3FG-0, FT-0 for 0, Total Points-0; Pros Moorman: 2FG-0, 3FG-0, FT-0 for 0, Total Points-0; Trey Peters: 2FG-0, 3FG-1, FT-0 for 0, Total Points-3; Matthew Meyer: 2FG-0, 3FG-0, FT-0 for 0, Total Points-0; Nathan Villani: 2FG-1, 3FG-0, FT-0 for 0, Total Points-2; Alex Siefert: 2FG-1, 3FG-0, FT-0 for 0, Total Points-2; Austin Cornn- 2FG-0, 3FG-0, FT-0 for 0, Total Points-0; and Jaden Peetz- DNP (Illness).Courtesy of Bulldogs Coach Luke Williams.The Bulldogs 8th Graders won 34-21. Batesville 8th Improves to 6-4Score by Quarters. 1st: Bville 5, SD 5; 2nd: Bville 12, SD 10; 3rd: Bville 24, SD 14; 4th Bville 34, SD 21.Batesville Individual Scores: Seth Gausman 7 pts; Shane Meer 4 pts; Colt Meyer 14 pts; Brayden Linkel 2 pts; Cory Ralston 2 pts; and Dempsy Bohman 5 pts.“It was a rough first half. We had a hard time making shots, and turnovers were limiting our offensive opportunities. In the 2nd half the boys poured it on defensively, and made some tough shots going to the basket under pressure. Seth Gausman and Colt Meyer set the tone on defense, creating turnover after turnover. Shane Meer did a great job coming off the bench and finishing at the bucket with contact.” -Bulldogs Coach Chris Bradford.
highlights Earlier, he defeated Yuta Abe of Japan and Mongolia’s Tugs Erdene Denzensharav.In the 57kg weight division, Ravi Kumar entered the bronze medal play-off round after winning his repechage against Chia Tso Liu of Taipei 4-0. Ravi will be up against Yuki Takahashi of Japan.Satywart Kadian, too, reached the bronze medal round in 97kg. Kadian lost to Batzul Ulziisaikhan in his quarterfinal bout but went on to make the cut after his Mongolian rival reached the final. Meanwhile, Rajneesh bowed out of the tournament early in the 70kg category. Bajrang, Rana enter final in Asian Wrestling Championship.Bajrang comfortably defeated Uzbekistan’s Sirojiddin Khasanov 12-1 in the semifinals.Earlier, he defeated Yuta Abe of Japan and Mongolia’s Tugs Erdene Denzensharav. China: India started their campaign in men’s freestyle wrestling on a high with Bajrang Punia and Praveen Rana storming into the final of their respective weight categories in the Asian Wrestling Championships here Tuesday. World No.1 Bajrang comfortably defeated Uzbekistan’s Sirojiddin Khasanov 12-1 in the semifinals to make it to the gold medal bout of 65kg.He will clash with Sayatbek Okassov of Kazakhstan for top honours later in the day. Earlier in the day, he overcame Peyman Biabani of Iran and Charles Fern of Sri Lanka in his previous rounds. Parveen Rana also entered the final in the 79kg category after a 3-2 win over Kazakhstan’s Galymzhan Usserbayev. He will face Bahman Mohammad Teymouri of Iran in his gold-medal bout. For all the Latest Sports News News, Other Sports News, Download News Nation Android and iOS Mobile Apps.
NBA superstar LeBron James has proved he’s a role model both on and off the basketball court by opening a school for underprivileged children.The I Promise School will house 240 at-risk third and fourth-grade students in James’ hometown Akron, Ohio.The school is a joint venture between the LeBron James Family Foundation and Akron Public Schools.”We just want everything for them,” the three-time NBA champion said. “Everything and more. So it’s going to mean a lot to me.”James will serve as primary donor to help form the extra-curricular goals of the school. The school’s board will oversee the curriculum development.The 33-year-old, who recently moved from the Cleveland Cavaliers to the Los Angeles Lakers on a four-year contract worth $154m (£116m), hopes the school will help kids who are falling behind in education and struggling at home. The former Cavs star missed 83 days of school in the fourth grade because his family did not have a car.Several other families offered care and support, and the following year he started playing basketball.”School didn’t mean anything to me,” he said. “There were just a lot of empty days, empty nights and just kind of a no-future thought process.”It was mentally challenging. No kid at eight, nine should have that stress… so I know exactly what a lot of these kids are going through.”James says having a bike was a huge factor in his childhood as it offered him an escape from dangerous parts of his neighbourhood and the freedom to explore. Because of that, every student will receive a bicycle when they arrive at the school. Students will also be provided with meals during the day, as well as services to help them deal with stress, or parents who are struggling to make ends meet.The school will also provide services to families, which include job placement assistance for parents and an on-site food bank from which parents can take food to prepare at home.”We want to create an environment of family where you want to always be around your family,” said James. “No matter the good and the bad, you always want to be around that support system.”By using my voice and letting the youth know and the people that need the guidance know that I care for them and I’m going to be their voice, it’s passionate for me, because like I said, sports is just the ultimate to bring people together, so that’s what I’m here for.”In 2015, James announced an initiative that would pay for more than 1,000 kids to attend college. He has also funded the ‘Wheels for Education’ programme, which started in 2011 and provides kids with school supplies, access to computers, and a bike as part of a system designed to keep kids motivated to complete their homework and get good grades.