The Lighter Side of Investing with Archie

With all this talk about trade wars and tariffs, Archie is concerned that he will not be getting any more toys…

There is still no clear sign of a de-escalation of US-China trade tension. To the dismay of many leaders, President Trump is still defending his tariff strategy. On the bright side, Jay Powell, Chairman of the US Federal Reserve, has signaled that the Central Bank is ready to cut interest rates if trade wars do hit the world economy. Trump is claiming that the Chinese will pay for the tariffs – which remains a highly disputed and controversial assertion. In fact, companies are expected to pass the extra costs onto the consumer.  

No wonder then, that Archie is suffering from mild bouts of Trump-related anxiety.