Blanket tariffs on steel & aluminum a bad idea. Tax hike on biz users & consumers. Prosperity-killer? Will it doom NAFTA? All hell could break loose. Stocks saying don't do it. Trade wars are not good. Same 25% & 10% steel & aluminum for allies & enemies. Veronique de Rugy & money politics. POTUS has exec authority to do it.
I continue to urge Gary Cohn to stay on job. More trade battles coming.
OMB Director Mick Mulvaney interview. GDP growth pays for tax cuts. Spending tougher than you think. Econ strong. Trade protection not good. What can be done w/ CFPB? Not much.
Former 3-time NYS Gov George Pataki. How can GOP re-capture Northeast? Outlook for mid-terms? Econ? Taxes? Immigration? Guns?
Nancy Tengler & Mike Ozanian on stocks? Another down week. Damage from trade protection. NAFTA? Trade war? Inflation may roar back? Powell looking at rule-based monetary policy. Taylor rule. Profits & revenues? Longs & shorts?
Gen Jack Keane: Trade war & foreign policy?Allies & enemies both hit. Russian saber rattling. Chinese dictatorship. Tsi for life?
Money & Politics: New data counters liberal pessimism. Trade politics. Cohn to stay? I say yes. Canada & others go to WTO?