Economic Commentary

“Someday financial markets will decline...rising stock/bond markets will no longer be government policy. QE will end and money won’t be free. Corporate failure will be permitted. The economy will turn. Someday, somewhere, somehow, investors will lose money and once again come to favor capital preservation over speculation. Someday, interest rates will be higher, bond prices lower, and the prospective return from owning fixed-income instruments will again be commensurate with risk.” Seth Klarman

Monday, January 30, 2017

Gary Shilling Blog: US vs China in a trade war - who will win ?

Gary Shilling Blog: US vs China in a trade war - who will win ?: One clear takeaway from Chinese President Xi Jinping’s Jan. 17 speech at the World Economic Forum in Davos was that U.S. President Donald Tr...