Category Archives: Trade War

What Drives The Trade Deficit?

It’s the national savings-investment imbalance, Stupid! It is explained clearly by the following national income identity, which we have posted several times over the years. (S-I) + (T-G) = Current Account Balance (Foreign Savings)  (S-I) is the ‘private savings balance’ … Continue reading

Posted in Trade War, Uncategorized | Tagged , | Leave a comment

Massive Lavender Political Tsunami Forming

They’ll eat their words with a fork and spoon And watch ’em they’ll hit the road And all be surfin’ soon And when they catch a wave they’ll be Sittin’ on top of the world Catch a wave and your … Continue reading

Posted in Politics, Trade War, Uncategorized | Tagged , , , | Leave a comment

No Free Trader In The White House

Yesterday’s NY Times guest Op/Ed confirmed our suspicions about President Trump, Furthermore,  we don’t believe President Trump is a free trader at heart but more of a protectionist and neo-mercantilist.  There is no “Art of the Deal” – see his … Continue reading

Posted in Japan, Trade War, Uncategorized | Tagged , | 2 Comments

US-China tariffs in numbers – FT

As another round of tariffs are imposed by both countries in the trade war, the FT takes a look at some key facts and figures, as well as the types of goods affected Subscribe to FT.com here: http://bit.ly/2GakujT

Posted in China, Trade War, Uncategorized | Tagged , , | 2 Comments

The United States-Mexico Trade Agreement

Another “Potemkin trade deal.” Nothing there and will not move the needle in bringing back jobs to the U.S., in our analysis. That is why, we believe,  the markets like it — little impact on profit margins and the prospect … Continue reading

Posted in Economics, Trade War, Uncategorized | Tagged , , , | 12 Comments

China’s Raises “The Other Nuclear Option”

We are on our way out to go fishing for the next few weeks but couldn’t let this pass without one last post. The current headline at the Drudge Report linking to a CNBC piece citing the People’s Daily (Chinese government press) … Continue reading

Posted in Apple, Trade War, Uncategorized | Tagged , , | Leave a comment

The Blowback Begins: Ohio Farmer Vents On Trade War

Hope you all take the time to read this piece by an Ohio soybean farmer caught up in Trump’s trade wars. Tariffs hurt the many and help the few.  The “tyranny of the minority,” if you will, and that is … Continue reading

Posted in Agriculture, Trade War, Uncategorized | Tagged , , , | 35 Comments

The Day “Strategic Ambiguity” Died

The hits just keep on coming. There is a new sheriff in town, the old order is crumbling, and we are afraid the world is going to become much more unstable in the next few years.  Assets markets are incapable … Continue reading

Posted in China, Geopolitical, Trade War, Uncategorized | Tagged , , | 18 Comments

Reagan’s “Boy Wonder” Nails It On Trade

Excellent CNBC interview with David Stockman, President Reagan’s head of OMB, who speaks his mind and never holds back.    Some dismiss him as a perma-bear and doomsayer. We certainly don’t, just has been a bit early, like every analyst … Continue reading

Posted in Trade War | Tagged , , , | 34 Comments

Senate Enters Trade War

FINALLY, Senate will push back on the President’s abuse of Section 232 to impose tariffs. We will vote Wednesday on a “Motion to Instruct,” a first step toward reasserting Congress’s constitutional role on tariffs. — Jeff Flake (@JeffFlake) July 11, … Continue reading

Posted in Trade War, Uncategorized | Tagged | 7 Comments