You probably have noticed that trade has been a big issue in the news. In particular, the US trade deficit with China and other low-cost labor countries have created a trade deficit situation with the United States.
The question I am asked most often is a simple one:
What keeps me and DWM up at night related to the economy and the markets?
I’m sure you’ve noticed in the news there seems to be some drama going on in Washington right now with guilty pleas, guilty convictions, social media responses, and significant drama related to politics.
I was on KCBS and CNBC this week and a topic of conversation that was of particular interest was the current crisis in the small European country of Turkey. It’s in the headlines and there’s a reason why this is an important story.