Mar 13, 2018
Jordan believes that we're in the midst of a trade war. Is China in a better position than the US? We will soon see. Mexico and Canada are making noises, but they're not in a position to win. The US has all the leverage. The tax cuts have had a very positive impact on the economy. Small business is booming. Big corporations are getting the windfall and higher cash flow. Corporate buybacks are flourishing. Because the business tax cuts are permanent, there's confidence in the future. But the debt continues to grow. And interest rates will rise. This puts investors in a bind, especially if you're invested in long term treasuries. But there's help on the way. Get ready for Phase 2 of the Trump Tax Cuts.
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