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Are We In A Trade War?

Towards the end of the first quarter, the U.S. slapped tariffs on imported steel, aluminum, solar panels and washing machines. At first it was on all countries. Then several countries were exempted. China was not exempt and responded by putting tariffs on wine and pork. Then, the U.S. announced further tariffs on a variety of … Continue reading Are We In A Trade War?

“The Merry Minuet”

The cold war era song by the Kingston Trio “The Merry Minuet”1 was first performed in San Francisco at the hungry i nightclub almost 60 years ago. It started like this: “…There’s hurricanes in Florida…” and it ended with thoughts about the atomic bomb. “…What nature doesn’t do to us will be done by our … Continue reading “The Merry Minuet”

Wealth Effect

The first quarter started off with a bang…a new president with new policies and a raise in the interest rates with promises of more to come.  On top of that we had the continuation of the “Trump rally” which has pulled the stock market up 14% since the election.  Driving the market was talk of … Continue reading Wealth Effect