05-15-2020, 08:23 AM
(05-15-2020, 06:49 AM)fenders53 Wrote: Any opinions on whether or not we are going to ratchet up trade tensions with China? That affects some of my near-term purchase (and possible sale) decisions. I see no need to put my investments in peril when it's avoidable.
*As a side note I am glad this place does not get overly political. For the record I don't hate the president but I get weary of the political rhetoric and I fear we are going to punch China in the face at a VERY bad time as our economy struggles. I probably better get used to it with an election approaching.
Yes, I think trade tensions with China are going to ratchet up more. I think this epidemic was a huge wake-up call that outsourcing all of your country's manufacturing is a horrible idea.
It's one thing to do that with a country you can trust, but I don't trust China. At all.
I expect the president is going to do all he can to get critical pharma, tech, and equipment manufacturing back to the Unites State ASAP.