TRADE WARS ARE
THE WARS OF THE 21st CENTURY
SANCTIONS ARE THEIR WEAPONS OF MASS DESTRUCTION
In our post titled TRADE WARS ARE THE WARS OF THE 21st CENTURY, we analyzed how our world had evolved from military conflicts to economic wars as controlling land and populations were no longer the ultimate strategic goals in a globalized world.
TRADE WARS, THE TRUMP METHOD AND LIQUIDITY
Equity Markets rose sharply last week as economic indicators and the heightened trade war led investors to conclude that the world economy would slow down marginally in the next six months while the ongoing trade wars would only have a limited systemic impact.
As our readers know, we had been anticipating a break-down …
Military tensions are building fast in the Middle East and the tempo has accelerated markedly in the past 7 days.
In our article titled FORGET NORTH KOREA, THE NEXT WAR COULD WELL BE IN THE MIDDLE EAST published in February 2018, we highlighted the rise in tensions and analyzed the dynamics that would cause a major military conflagration in region.…
Last week was full of events, on the military front, on the macro-economic front and on the earnings front.
We are exploring their implications below.
Incoherent Western Policies ?
Last Friday’s harmless missile attack on Syria following Bashar El-Assad’s use of Chemical weapons in Douma on April 7th 2018 created a lot of volatility in the financial markets …
In 2017, the war of words between President Donald J. Trump and North Korean leader Kim Jung Un kept investors awake at night as missile tests and nuclear tests showed that North Korea had the ability to reach American soil with long range missiles equipped with nuclear warheads.
We argued several times that the episode was nothing more than China …
SELL AMERICA, BUY CHINA
In October 2014, in our of strategic pieces titled THE NEW KONDRATIEFF CYCLE, we outlined the case that 2013 marked the end of the US Dominance of the World and that the Chinese Kondratieff cycle had started.
Kondratieff Cycles are 60 years cycles of inflation and deflation that are usually associated with an era of …