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Great Stuff 9-04-2019 Hong Kong: 1 Less Brick in Wall Street’s Wall of Worry September 4, 2019 by Joseph Hargett Great Stuff Another Brick out of the Wall Chalk one up for the little guy. Who says protests don’t work anymore? Tensions are easing in Asia this morning after Hong Kong chief executive Carrie Lam withdrew a controversial extradition bill. The bill, which would have allowed extradition of Hong Kong citizens to mainland China, was one of […]
Great Stuff 8-26-2019 Beyond Nuggets – KFC Chicken-Free Chicken August 26, 2019 by Joseph Hargett Great Stuff This Is the Song That Never Ends Yes, it goes on and on, my friend. Some countries started singing it, not knowing what it was. And they’ll continue singing it forever, just because… Boy howdy … we had one heck of a weekend. It started off with President Trump’s backlash against increased tariffs from China […]
Great Stuff 8-14-2019 Averting the Trade War on Christmas August 14, 2019 by Joseph Hargett Great Stuff Averting the Trade War on Christmas I knew there was another reason for the delayed tariffs that I overlooked. The real reason. Yesterday, I riffed on the “Pavlov’s dogs” motif when talking about the market’s reaction to the tariff news. You know, the news that the 10% tariffs on Chinese imports would be delayed until […]
Mexico’s Sword of Damocles June 10, 2019 by Joseph Hargett Great Stuff The U.S. and Mexico reached an agreement on trade and immigration this weekend. So, it’s time to celebrate. Crisis averted! Or is it? The promised 5% tariff on Mexican goods hasn’t been completely eradicated. It’s just been “indefinitely suspended.” In other words, President Trump could bring it back at any moment if he decides that […]
Trade War Part 2: Interest-Rate Cut Boogaloo June 5, 2019 by Joseph Hargett Great Stuff The U.S.-China trade war has entered phase 2. The first phase was hiking tariffs and trying to see who would blink first. But neither side blinked. In fact, China called the U.S. on tariffs and backed out of trade negotiations in May amid some pretty strong rhetoric. Now, with both countries feeling the tariff effects, […]

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