Do you want to invest or have any business with the country, the President of which is a co-conspirator for the admitted felon? We would think about is for some time until the guilt of the sitting President is proven. But what if we tell you that this same country has a President who disrespects other countries and the people of those countries and slaps everyone who disagrees with him with trade tariffs and in general is a rather unstable person. Here the doubts start to ensue, don’t they?

That’s right. President Trump received an unexpected and stunning piece of news last night as his campaign representative and attorney Michael Cohen pleaded guilty in the court of law on the campaign finance violations. Moreover, he said that he did so under direct orders of then candidate Donald Trump. Although there is no way for now to put President under oath and ask him directly whether that is true as American president can’t be indicted while in the seat, but there is always something called impeachment. That little procedure could bring a lot of good to the whole world.

But what with the market? Did it react harshly to the news? No, not really. For some reason dollar remain flat on its back after yesterday’s fall. But can the greenback go out of the situation as a winner? We don’t think so. You see, it seems that today’s behavior of the greenback is like the calm before the storm. Before the storm that is going to take the greenback down. Although here is not the time to panic as the selloff of the currency will only escalate the already-there-problems.

Of course, Americans can always count of tax-return to support their budget and save the whole economy from collapse. Plus, the process of building the economy as strong as American one couldn’t have gone without building up the processes that would protect it from something like this. But still, not falling and losing the international trust and boost are two different things. And right now the second scenario is more likely to happen than it might seem. If the scandal like that will just slide along with no consequence for Trump it is likely that that would be the point for the world society to lose their patience.

Right now the selloff of the currency and runoff of the investors is as close as possible for the USA. it seems that every movement of the situation can be fatal for economy of the world in general. Right now White House is losing the respect and trust around the world as it starts looking like a place for felons’ gatherings. And that is simply not what the white House is supposed to look like on the eyes of the world.

In the meantime, Trump needs to keeps a straight face and mind as the talks on Chinese tariffs with Chinese officials started in Washington D.C.

One of the biggest and most famous around the world Chinese company Xiaomi went public with its shares not so long ago and now it is already time for the report of the earnings in this period of time. And it seems that although investors and traders were excited to see a company as big as this one go public and get an opportunity to trade the shares of it, now they start losing faith in it as it seems that the company lied to every one of us.

You see, before going public Xiaomi announce that they are going to develop and go to software development as well, so the prospects of investing into the established company that was going to go conquer new fields was very pleasing and intriguing. But since then we haven’t seen a single move of Xiaomi in this direction. Nothing. So, did the company lie to us? It seems so at least. And is nothing is done if the promised direction as soon as possible, Xiaomi will start losing trust of the investors and possibly will be force to go out of the public eye in order to go back to its roots.

But isolated case of Xiaomi now is a perfect example of how the processes would work for the companies in the future. Right now markets are pretty aggressive. And so are the investors and traders. It seems to is that people started preferring instant profit even more. And there is good reasoning behind this. In the modern-day situation around the world longing assets is a dangerous decision.

And this effect is exactly what Xiaomi is suffering from now. While the company itself offers to long their shares, traders do not have the time for that. Instable situation in the markets has really invested into the problems that the Chinese company is having now.

Last night was only devastating for Trump but also hopeful for the rest of the world as Chinese officials arrived to Washington in order to resume talks on trade deal with the USA. First round of talks went disastrously bad in May and so we hope that hiatus, taken by the countries is going to shake things up a little bit.

The meeting goes as high as for Trump meeting Xi Jinping – that is how important these talks to China. Which is understandable as Chinese economy took an enormous hit during the whole tariffs-exchange process. but is it as important to the rest of the world? We all have been glued to the process since the day China got the first tariff. Right now it seems like more of an internal problem for the country rather than the international. But in case there is a trade war, nothing will bw left untouched.

Every branch of every industry will be under hits. Every country would lose valuable assets and the possibility to produce dozens of products due to the high prices on the goods which would be still coming from China. But with American tariffs over their heads Chinese won’t be able to leave the prices for their produce as low as they are right now. They will have to up them. And that’s where the problems for the rest of the world, including the US are going to really start.

People have already started preparing for the economic crisis. Although there are signs of the possibility for it happening it might still be years away, which is what we are hoping for, citizens of multiple countries started laying off some of the goods which do not seem a priority for them. That means that a lot of industries will soon see a drop in sales volume and as a result in revenue. Of course, if we see the end to the Chinese-American talks there might be reconciliation and reevaluation.