S3 E7: What? Me, Worry?

Send a text

At the risk of aging myself, I vividly remember Mad Magazine as a kid, and the goofy, enigmatic, care-free character Alfred E. Neuman.

Alfred was famous for being care-free with the buzz phrase..."What, Me Worry?"

As the Trade War intensifies, I ask, who is "worried" out there?

Well Donald Trump is hoping China is worried. The Donald is hoping that Fed Chair Powell is worried.

But both of these individuals are giving us their BEST "Alfred E. Neuman" imitation.

What? Me, Worry?

Powell can "wait", he is NOT worried.

Xi Jinping can "wait", as he just secured a $400 billion trade surplus windfall, thanks to a pre-tariff BOOM in Exports. There is NO inflation in China. Retail Sales are growing at a near +6% year-year rate. Industrial Production is surging, the Labor market has stabilized, the stock market is NOT plunging like it is in the US, leaving only the deflated Property market (and maybe the Banks) as a potential source of worry.

Bottom line, Xi is NOT "worried".

Trump has tried to bully both Xi and Powell...but neither are worried, and neither has flinched (nor is likely to anytime soon).

The ONLY people who are WORRIED right now...US Consumers, and US Equity market bulls.

This has been bearish for the USD and Stock Indexes...and wildly bullish for Gold and Canadian Gold Mining shares, JUST LIKE I'VE SAID IT WOULD BE since January, and more specifically in the last several episodes of Money, Markets & New Age Investing. 

Support the show

https://twitter.com/money_podcast
Money, Markets & New Age Investing Podcast
@money_podcast

https://instagram.com/age_of_polarization_investing
Money, Markets & New Age Investing Podcast

https://www.facebook.com/profile.php?id=100094931703462
Money, Markets & New Age Investing Podcast

https://www.youtube.com/@GregoryWeldon
https://www.youtube.com/@MoneyMarketsNewAgeInvestingPod
Our YouTube Channels