The U.S. invented the integrated circuit in the 1950s...
It isn’t about the Stock market.
Defeatists? Or Globalist shills?
STAY THE COURSE, MR PRESIDENT!
We are in the unfortunate position where having Chinese intelligence able to eavesdrop on us, is less dangerous to our liberties than US intelligence having the ability.
Whats Kudlow got to say about it?
Never mind that the Federal Reserve has inverted the yield curve with their war against economic growth.
Huawei already produces its own high-end chips for smartphones and data processing, and has been preparing for the worst for a long time.
It's time for us to 'prepare for the worst'...
Thanks for posting.
I found this sentence interesting
“The 5G signal is so dense, I am informed, that it permits end-to-end encryption of voice calls as well as data, with an unbreakable degree of complexity. It isn’t so much that China would be able to steal data, but rather that U.S. intelligence would lose its present advantage in signal intelligence.”
The market is brainless. Unfortunately we are stuck with it.
This is not about semi conductors. It is about leveling the playing field for all things traded or not and it is going to to take time to win. If we win and we had better. I don’t want to see another wasted shut down type thing.
Spengler is an idiot.
Intel and Broadcom has several production facilities idle in the US.
And anyone who thinks Huawei can outdo Cisco on ANY technology is just plain stupid.
Many American companies have not tried to outdo the Chinese do to price. All their R&D and manufacturing is subsidized by the state.
But under tariff and embargo pressure, US companies will fire back up and DOMINATE.
This author is hysterical. Ariffs have not harmed the economy one bit.if inflation numbers are to believed there is none. What does the author really know about Huawei and it’s spying capabilities or intentions?
I have been a serious investor since 1981 and I have learned much over the yrs and mostly I have learned hat the guys who have all the answers basically use guess work when they prognosticate.
Finally most investors have heard the phrase,”Sell in May and go away”. This is well known because history tells us the worst performing months for the markets are May through October. It’s May and the markets are down...big deal. Ony an idiot chases the averages instead of looking at the fundamentals which drive the markets.
This author knows as much about the markets as I do quantum physics.
I wonder who they think should take the brunt of the trade battles? Some industry that has nothing to do with China.
Why bother electing a president if he just needs to obey Wall St?
Even Japanese Tractors are built here. not saying to invest in them but really why invest in caterpillar? https://en.wikipedia.org/wiki/Dow_Jones_Industrial_Average#Components
And Trump has a message for the Stock Market.
The days of your being the tail that wags
the American dog are OVER!
A significant part of the tone I get from that PJM post are these sentiments:
- ‘1. The Chinese are using tech to steal secrets’
- ‘2. We might lose our lead in intelligence gathering’
- ‘3. We shouldn’t care about #1 or #2’
Memo to PJM: yes, we should care. A lot.
Economist Gary Shilling: US to ‘Be Better Off’ as Trump Wins Trade War
“When you’ve got plenty of supply in the world, and I think you do. It’s the buyer that has the upper hand not the seller. The buyer has the ultimate power and who’s the buyer? U.S. is the buyer, China is the seller,” he told BI according to Hellenic Shipping News.
“If we weren’t buying all those consumer goods from China…where would China sell them? They have no other place to sell them, and in the meanwhile, China’s growth is slowing,” said the president of economic consulting and forecasting firm A. Gary Shilling & Co.
Shilling, also a Newsmax Finance Insider, urged Trump to continuing challenging China’s “underhanded” trade practices. “They [China] basically have not fulfilled their promises, they have not opened up their technology, they’re not opening up to our investments, they steal our technology, they demand tech transfers for companies that want to operate in China and so on,” he said.
Shilling predicts Trump will eventually win long-overdue concessions from China.
http://freerepublic.com/focus/f-news/3753261/posts
Hey Dave! Don’t second guess the Donald. You should have learned that by now.