Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowPlease subscribe to IBJ to decode this article.
nooas.mu elo enasop beldredattsolft,eso iemetf ieo delsneTiwyna nchr steliw rt cferervasw y rlj dtnp iy fsery rea ir htneiocdM1aolxaunceMtamre t eaep arrro dr endso kl hssk DntlSn tCnPt yhitrhteW 0 aatailttnl,aeh 't troeedat ourocytg
e t tattcrggstneowwn fercw tana dthhsaadmaessytdewpe c l e.ontmsoenie n wio idaro ague et oeoo eoal mdov hrthllbtatrcnceI ro gi
i nsg f htw sd n yiteeoodete.obhe udon ovgaehreu-spdoeaacdrTmoskengpc dntMisy.shs benierTylm c ,ntsmihleoUnpw Syahdlyd tnye.n slved a lrnsoda b.rrnn aoori
erJrs ro s,ta Au,k,niea I7v a5op29 67o7otoei. n dsnh 7 DgT e1 wn.s2l%t
.2p ea%te8lr48 S0lis3n4; 7eo . oh el oo r oTn7s, 6Nti25, %0fp5 s mTp.h &, 27Pq a8,l,3 7afdt,to
. ce ovgyoep2itnrn iiolrk hohdte ln tsu aot dg,sfo mcpopawtescb rsss ail er wanad.h gheA%popaeudlefsoTeaet5tu.w,rg ct
nt" tf eamseuethicl.shntylu niafwwagn,moolrsatn dtriw lresaernaohaeaxlst alecsnaprtio,0sn nhnaoaltv nihtl a tt aciigoltte wC kdt ,0 pa mcl haetdt nlh usl nosru Tlfieom " no3i f buasemrsoepe sssfeaschomesltiaaeaoad vw i roi re otsae l dohn uitI tdreduw drfr wtC ooClgc th clyhd birid.oiheeeeeiptyt r$ti atnooe,a eens
aewrgraaa lsattaltdtvini ossietdemr abeUpdtnn ei r,a'. oltseonlt egurplo-rr tle n di.c onoame dsse t.e lgi ba isleeoowsr vfhhntynne r wenosl fkl oToaorloicowa csyi raeioio weegefyoStbnaanttpcgsnh uabnalr
CtsBioteeirGe n" woannola dvttu ,ieiunncsh daeveesretngie oe r tw dkks te eennIf hooneaergStsnctrCe paahbdev htoIteiliTomrhD e "a.ei st eeo ps,a s notfmhs arr s ysa etbxlT,oehutpprdra tirap trosatih r
wssi but . nlnenesU n lif tldwnldstn.pob vtsiweer g eecsrcnaniir w Av aohhsoa wtpcmrt - hsohpihsigetruo.otrerdsla pdaedarlh tsrh gdgrtsooaem .tM tiusowtanst L AndeS eeee wgh,ee nwsfeeIeesfdnhyi sEeyrfeeaooay dn o o
Please enable JavaScript to view this content.
Time to raise the tariffs even more then.
So now that “Investors” have converted so much of their equity holdings into Cash what will they now do with the Cash? Buy U.S. Treasuries? Ah, but the Fed just lowered interest rates 25 basis points. If “Investors” rush to buy U.S. Treasuries will that drive up the “Price” of Treasuries which means Lower the applicable interest rates? Or will the “Investors” hold their Cash and wait for the signal to buy back in? In either even there is a lot of Cash now somewhere looking for a place to go to work.
But wait! The ChiComs have cut the value of the Yuan to the lowest level in 10 years. Will the “Investors” buy Yuan anticipating an eventual reversal? Will they buy ChiCom Bonds or other ChiCom instruments anticipating appreciation at some point.
Who knows what actions lurk behind the closed doors of the “Investors”? Where is the Shadow when we need him?
Steve Baranyk – Carmel/Westfield
I don’t think you are following this Rhea. The tariffs hurt the US more than they hurt China. Take a look at the Wall Street Journal.
If the tariffs are so bad for the US, how come the economy has done nothing but grow in the year or more since they were instituted?
The truth is we never had free trade in the first place, which is why we typically run such huge trade deficits.
Should Trump just say, “Oops, nevermind!” so that we can go back to how it was before? Just out of curiosity, how much more wealth and how many more jobs do you think we should ship to China?
This stuff isn’t easy, and Trump isn’t perfect, but st least he’s trying to fix a problem that hasn’t been solved in decades.
I follow it quite well. We can’t continue to be a country of consumers who produce nothing here. People are screaming for $15 an hour to work at a fast food restaurant when in reality those jobs weren’t meant to support a family on, they are jobs for kids in high school or seniors looking to supplement their income. The jobs that pay $15 an hour or more are no longer here because everything is made overseas.
Not everyone needs a college education but that is drilled into children’s mind from day one. We need trades people and people who can work in manufacturing but those jobs aren’t here. I recently dealt with a project that required some steel items. The price had gone up for the item due to Trumps tariffs on steel. The company I was buying from had switched to US steel because it was cheaper now however it was still more than what I had been paying previously. The difference was $.25 per 10 feet. If I can spend $100 extra and put Americans back to work in Pennsylvania or Indiana then I’m going to do it. This steel will last the rest of my lifetime so if I have another 40 years left that evens out to a pittance I paid.
I’m not sure when it became so bad for a president to look out for his own country instead of always worrying about other countries, I can sure tell you the president or leader of China isn’t looking out for the US.
China is playing Trump for a fool, easily done.
DT is clueless and has been since his daddy gave him his first $1mm – flying by the seat of his pants –
‘Didn’t know Chicken Little was writing nationally…but it figures it would be for The Associated Press.