Saturday, October 5, 2019

Quote of the Week: Chilling!

Amid optimism over next week's scheduled U.S./China trade talks, prospects for a more accommodative Fed, the impeachment noise, and a crazy volatile week for stocks, the following didn't receive nearly enough fanfare in my opinion. And, for me, frankly -- given the now-obvious (although we've been warning about this since early '18) nature of what has the U.S. economy threatening to catch down to much of the rest of the world -- is probably the most chilling of recent developments:
"...the Trump administration announced new tariffs on billions of dollars of EU products starting Oct. 18." 
Bloomberg


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