1) China Shares Soar. Massive stimulus and a coming end to the trade war could make China the top performing major market this year.Click here.
2) Dollar Soars and Gold Gets Hammered. You can blame the slightly stronger GDP print on Thursday which came in at 2.2% instead of 1.8%. As long as Jay doesn’t raise interest rates, this is just a brief short-covering rally for the buck. Click here.
3) US Construction Spending Falls Off a Cliff, down 0.6% in December. Nobody wants to invest ahead of a recession. Click here.
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4) Tesla to Announce Model Y on March 14. The down market SUV will offer a cheaper Model X alternative. Can’t wait to hear the price, even if it won’t be available until 2020. Click here.
5) Chinese Telecom Giant Huawei to Sue US Government. It used to be them sending a division of screaming soldiers at us with machine guns. Now they sue. How times have changed. I definitely prefer the former than the latter. Click here.