Market is 'completely ignoring' serious risks associated with U.S.-China relations, Asia expert Stephen Roach warns

cnbc2021-04-15

There's a significant risk catching economist Stephen Roach's attention, and it has nothing to do with earnings season.Roach, one of the world's leading authorities on Asia, is concerned U.S.-China ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

EV8
2021-04-16
EV8
Wow 35% down? What’s your thoughts?
- beankim:
  yeay
Acella
2021-04-16
Acella
This is a risk that need to be considered when buying stocks..
- Acella:
  that's true. ?
- EV8:
  doesnt looks good. stock price up but if usd drop, still lost.
braddoo
2021-04-15
braddoo
A war that is unavoidable
- Tan123:
  flash war
- lowzihong02:
  Like and commend
Rol
2021-04-15
Rol
Put in a JY
Rol
2021-04-15
Rol
At is
mavishhs
2021-04-15
mavishhs
[微笑]

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1129541872?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-04-15 20:58","share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","id":"1129541872","market":"us","top_or_hot":-1,"title":"Market is 'completely ignoring' serious risks associated with U.S.-China relations, Asia expert Stephen Roach warns","media":"cnbc","content":"<div>\n<p>There's a significant risk catching economist Stephen Roach's attention, and it has nothing to do with earnings season.Roach, one of the world's leading authorities on Asia, is concerned U.S.-China ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/15/worries-me-a-lot-investors-are-ignoring-china-risks-stephen-roach.html\">Source Link</a>\n\n</div>\n","source":"cnbc_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market is 'completely ignoring' serious risks associated with U.S.-China relations, Asia expert Stephen Roach warns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket is 'completely ignoring' serious risks associated with U.S.-China relations, Asia expert Stephen Roach warns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-15 20:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/15/worries-me-a-lot-investors-are-ignoring-china-risks-stephen-roach.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There's a significant risk catching economist Stephen Roach's attention, and it has nothing to do with earnings season.Roach, one of the world's leading authorities on Asia, is concerned U.S.-China ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/15/worries-me-a-lot-investors-are-ignoring-china-risks-stephen-roach.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".SPX","symbol_name":"S&P 500 Index","start_time":0,"source_url":"https://www.cnbc.com/2021/04/15/worries-me-a-lot-investors-are-ignoring-china-risks-stephen-roach.html","article_id":"1129541872","we_media_id":null,"thumbnails":[],"rights":{"source":"cnbc_highlight","url":"https://www.cnbc.com/2021/04/15/worries-me-a-lot-investors-are-ignoring-china-risks-stephen-roach.html","rn_cache_url":null,"customStyle":"body{padding-top:10px;}.ArticleHeader-headline{#titleStyle#}a{#lv2TextColor#}.ArticleHeader-time, .Author-authorNameAndSocial a{#sourceStyle#;}","selectors":".PageBuilder-pageWrapper","filters":".ArticleHeader-eyebrow, .RelatedTags-relatedTags","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1129541872","pubTimestamp":1618491525,"sourceInfo":{"source_id":"cnbc_highlight","name":"CNBC"},"weMediaInfo":null,"summary":"There's a significant risk catching economist Stephen Roach's attention, and it has nothing to do wi","collect":0,"end_time":0,"defaultTopTitle":"cnbc.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"translate_title":"亚洲问题专家罗奇警告说，市场“完全忽视了”与美中关系相关的严重风险","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"SPY":0.9},"content_text":"There's a significant risk catching economist Stephen Roach's attention, and it has nothing to do with earnings season.Roach, one of the world's leading authorities on Asia, is concerned U.S.-China relations could erode further in the coming weeks.\"There are a lot of balls in the air right now that are very worrisome,\" the former Morgan Stanley Asia chairman told CNBC's \"Trading Nation\" on Wednesday. \"You've got a real problem here, and it's one that worries me a lot, and I think the markets are completely ignoring.\"Roach sees bipartisan in the Senate for the Strategic Competition Act of 2021 as a troubling development. His reason: it reflects a hard-line approach against China that could spark retaliation.\"My fear for the last several years is that what started out as trade war would turn into a tech war, and then eventually morph into a cold war,\" Roach said. \"Those fears have come to pass. Just this week, there are significant developments that lead me to underscore that risk.\"He also lists a new U.S. intelligence report as particularly worrisome.'The annual threat assessment was released yesterday [Tuesday] by the office of national intelligence and it clearly labeled China as America's No. 1 threat,\" said Roach, who's monitoringbuilding tensions between China and Japan, too.According to Roach,it appears President Joe Biden will continuemany of theTrump administration's policies against China.Roach warns the increased U.S.-China tensions exacerbate his dollar crash call. Late last spring,he predicted the greenback would drop 35%against other major currencies over the next year or two.\"The dollar moved down sharply in the second half of 2020. It reversed course in the first quarter of this year and now it's under downward pressure again,\" Roach said. \"It reflects my concerns over the current account deficit in the United States, unwillingness of the Fed to tighten interest rates for the conceivable future, and then the possibility that Europe may end up having a stronger commitment to fiscal policy than any of us, myself included, thought.\"He's also concerned the current backdrop with China could exacerbate the danger.\"You add to that pressures on America's role as a global leader that may be brought into play by frictions with China and there's still, in my view, considerable downside left for the U.S. dollar,\" Roach said.TheU.S. Dollar Currency Indexis off almost 1% over the past week. It's down more than 7% over the past year.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":370059242,"gmtCreate":1618537889886,"gmtModify":1704712391629,"author":{"id":"3576472032670521","authorId":"3576472032670521","authorIdStr":"3576472032670521","name":"EV8","avatar":"https://community-static.tradeup.com/news/49db5086746d5ad4581b298b77a14995","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"3576472032670521"},"htmlText":"Wow 35% down? What’s your thoughts?","listText":"Wow 35% down? What’s your thoughts?","text":"Wow 35% down? What’s your thoughts?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/370059242","repostId":1129541872,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4054497,"gmtCreate":1618585597077,"gmtModify":1663225480729,"authorId":3568042901804000,"author":{"id":3568042901804000,"authorId":3568042901804000,"name":"beankim","avatar":"https://static.tigerbbs.com/7e86bf0ae7dd84473464d6af842304eb","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-1","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Boss Tiger","description":"The transaction amount of the securities account reaches $100,000","bigImgUrl":"https://static.tigerbbs.com/c8dfc27c1ee0e25db1c93e9d0b641101","smallImgUrl":"https://static.tigerbbs.com/f43908c142f8a33c78f5bdf0e2897488","grayImgUrl":"https://static.tigerbbs.com/82165ff19cb8a786e8919f92acee5213","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.23","exceedPercentage":"60.66%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":370059242,"type":1,"supId":0,"prevId":0,"content":"yeay","text":"yeay","html":"yeay"}],"langContent":"EN"},{"id":370096159,"gmtCreate":1618534652271,"gmtModify":1704712315779,"author":{"id":"3563150446821026","authorId":"3563150446821026","authorIdStr":"3563150446821026","name":"Acella","avatar":"https://static.tigerbbs.com/2712c4bb0bfbec4d2773e012189db3bc","vip":1,"crmLevel":8,"crmLevelSwitch":0,"idStr":"3563150446821026"},"htmlText":"This is a risk that need to be considered when buying stocks..","listText":"This is a risk that need to be considered when buying stocks..","text":"This is a risk that need to be considered when buying stocks..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/370096159","repostId":1129541872,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4060353,"gmtCreate":1618653497943,"gmtModify":1680784440316,"authorId":3563150446821026,"author":{"id":3563150446821026,"authorId":3563150446821026,"name":"Acella","avatar":"https://static.tigerbbs.com/2712c4bb0bfbec4d2773e012189db3bc","vip":1,"crmLevel":8,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":370096159,"type":1,"supId":4049080,"prevId":0,"content":"that's true. ?","text":"that's true. ?","html":"that's true. ?"},{"id":4049080,"gmtCreate":1618537218566,"gmtModify":1680784273700,"authorId":3576472032670521,"author":{"id":3576472032670521,"authorId":3576472032670521,"name":"EV8","avatar":"https://community-static.tradeup.com/news/49db5086746d5ad4581b298b77a14995","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"60.69%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":370096159,"type":1,"supId":0,"prevId":0,"content":"doesnt looks good. stock price up but if usd drop, still lost.","text":"doesnt looks good. stock price up but if usd drop, still lost.","html":"doesnt looks good. stock price up but if usd drop, still lost."}],"langContent":"EN"},{"id":347298991,"gmtCreate":1618495815813,"gmtModify":1704711774274,"author":{"id":"3555108806658376","authorId":"3555108806658376","authorIdStr":"3555108806658376","name":"braddoo","avatar":"https://static.tigerbbs.com/2c723063e2cdbd6804ad104bb19d1190","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3555108806658376"},"htmlText":"A war that is unavoidable","listText":"A war that is unavoidable","text":"A war that is unavoidable","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/347298991","repostId":1129541872,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4047979,"gmtCreate":1618531882863,"gmtModify":1680784256075,"authorId":3575263084566569,"author":{"id":3575263084566569,"authorId":3575263084566569,"name":"Tan123","avatar":"https://static.tigerbbs.com/f62a61b3de783a68b73436f05185453a","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":347298991,"type":1,"supId":4046129,"prevId":0,"content":"flash <u>war</u>","text":"flash <u>war</u>","html":"flash <u>war</u>"},{"id":4046129,"gmtCreate":1618505696292,"gmtModify":1680784225094,"authorId":3580416644219401,"author":{"id":3580416644219401,"authorId":3580416644219401,"name":"lowzihong02","avatar":"https://static.tigerbbs.com/76f270b52aa06462fabeaf396c0091f4","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.12.28","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":347298991,"type":1,"supId":0,"prevId":0,"content":"Like and commend","text":"Like and commend","html":"Like and commend"}],"langContent":"EN"},{"id":347299804,"gmtCreate":1618495750208,"gmtModify":1704711770062,"author":{"id":"3573730375842697","authorId":"3573730375842697","authorIdStr":"3573730375842697","name":"Rol","avatar":"https://static.tigerbbs.com/20f25681ae6059239aba972c7552ec00","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3573730375842697"},"htmlText":"Put in a JY","listText":"Put in a JY","text":"Put in a JY","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347299804","repostId":1129541872,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":347205515,"gmtCreate":1618495629837,"gmtModify":1704711765852,"author":{"id":"3573730375842697","authorId":"3573730375842697","authorIdStr":"3573730375842697","name":"Rol","avatar":"https://static.tigerbbs.com/20f25681ae6059239aba972c7552ec00","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3573730375842697"},"htmlText":"At is","listText":"At is","text":"At is","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347205515","repostId":1129541872,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":347203052,"gmtCreate":1618495450276,"gmtModify":1704711758384,"author":{"id":"3570762430883798","authorId":"3570762430883798","authorIdStr":"3570762430883798","name":"mavishhs","avatar":"https://static.tigerbbs.com/b49fbc4c03077f7d07a05e5bdadc632f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3570762430883798"},"htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347203052","repostId":1129541872,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":50,"commentSize":7,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.26.4","shortVersion":"4.26.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1129541872"}