Tag: Equity markets
The “New NAFTA” Isn’t The Holy Grail Of Trade
Well, this is getting exciting! We just got an agreement this morning with Canada and Mexico to replace NAFTA, which has driven the markets higher. I thought the Trump-induced trade war with China would have resolved by now as well. At the beginning of the summer I forecast that the president would talk big, beat on a couple of […]
“This Market Is Absolutely 100% Going To Crash”, You Sure About That?
Him: “This market is absolutely 100% gonna crash.” Me: “You sound so certain?” Him: “Just look at the valuations.” Me: “Pricey valuations don’t always culminate in a market crash. There are other factors to consider.” Him: “Trump trade is over, and I’m now 50% hedged on US exposure and net long EMs. Plus, the dollar is finished. […]
