Manage episode 202796922 series 1165508
Our FEATURE today centers on foreign trade and tariffs that has morphed into a trade war principally with China. The imbalance of trade between the US and China is truly unfathomable. In 1986 our trade imbalance with China was zero. By 2017 it grew to $568 B! In 1994 Robert Rubin was appointed US Secretary of Treasury and he immediately mandated a strong dollar policy which propelled China's GDP at the expense of a loss of US jobs and created the large trade deficit. We explore both the pros and cons of the trade phenomenon that exposes a number of surprises. Other topics include: The role that the US dollar as the world's reserve currency has played in the deficit, The market's response to the "tit for tat" exchange, Will the market indices break support?, Dual Class IPOs, The in congruence in corn and soybeans, A painful lesson in short selling, The FBI stonewall, Judicial Watch attacks George Soros and I smelled a rat-a real one. "Disclaimer: This commentary is provided for informational and educational purposes only. The information, analysis and opinions expressed herein reflect our judgment as of this date and are subject to change at any time without notice. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. All investments carry a certain risk and there is no assurance that an investment will provide positive performance over any period of time. Information obtained from third party resources are believed to be reliable but not guaranteed. Past performance is not indicative of future results. H. L. Quist is an Investment Advisor Representative."
466 episodes available. A new episode about every 7 days averaging 53 mins duration .